It makes perfect sense to me! Why is anything submitted and published on picksheets any more valid than what the company submits and publishes on their own website?... News Flash! It is not.
What's important to investors is to have access to the info and that it is accurate. Pinksheets nor the Attorney's letters that accompany filings on pinksheets take any responsibility for the validity or accuracy of the filings yet Pinksheets has the audacity to put a rating on them and both the attorney and pinksheets require a fee.
If a company makes the info. available by publishing info. publicly and signs their name to it then it's as good as any disclosure with Pinksheets. It might even be better because Pinksheet filings are not audited nor do they or the DADs (Attornies signing the letters) take any liability for them!
RT has stated that the filings he's preparing are not audited but could be audited so I believe he's more interested in making the move to a higher exchange long term.
What he is doing with the pinksheets is strictly for the benefit of shareholders. It doesn't help the company to set up for 2 filing systems but apparantly he is putting in the extra effort 2 provide every disclosure the market is currently asking for here.
Keep in mind the Pinksheets.com only launched their system 18 months ago and it is very controversial with constant changes over those 18 months.
IMO ENTK will be around long after pinksheets.com is gone... wait! they've already changed their name to otcbb.com? Who are they today and what will they call themselves tomorrow? What makes them believe they can just grant themselves credentials? Where are their filings?
RT has been in business longer than pinksheets. All the pinksheets are is another association asking for money and RT is going to deal with them because we, the investors, have asked him too.
I will agree that for whatever reason it appears the general public is giving some weight to PinkSheets (now OTCBB?).com as an official and required by law association. In fact, it is not. IMO RT is doing an excellant job of keeping his investors informed as such. Actually, the company can be held more accountable for anything published on their website than they could be for anything published with Pinksheets/Otcbb.com
I also appreciate the fact that he has broken it down for investors to better understand their investment in this company, where he plans to take it, and the transparancy with which he communicates his reasonings, priorities, and actions.
Just the opposite of hedging IMO.
Sail Bay
Come on in... The Waters Fine! :)
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