InvestorsHub Logo
Followers 1
Posts 295
Boards Moderated 0
Alias Born 07/12/2006

Re: pennylenny post# 13825

Friday, 10/10/2008 10:21:53 AM

Friday, October 10, 2008 10:21:53 AM

Post# of 28831
Couldn't have said it better myself. All the excuses for failing to follow up on these things are just that...excuses. But, it is important to think about WHY they don't follow up on these things. That is more important. If, for example, they simply didn't provide audited financials because they are disorganized, then you could say the company is being run by incompetent people. But, that is NOT why they have failed to do so. They have failed to do so becuase they are engaged in DECEPTION, and that is far more serious. An incompetently run company with a good product can be salvaged. A deceptively run company can't be salvaged because its purpose is to rip people off.