InvestorsHub Logo
Followers 40
Posts 5861
Boards Moderated 0
Alias Born 08/19/2009

Re: None

Tuesday, 07/19/2011 10:45:22 PM

Tuesday, July 19, 2011 10:45:22 PM

Post# of 223175
Seems to be a point of contention on the BNPD board about how companies use out of states to file in like Nevada when they are not in good standing in the state they are supposedly doing business in. In this case, Texas.

There is a lot of this that goes on in the sub standard pinky world and was wondering if anyone here would have any input in reasons for pinky stocks to do this. What some of the issues are in the fact that it is done quite often to only sell shares, but any validity that it is only to do business for reasons of just the particular states "business friendly" status.

Some good input from the members of this great board on the matter I believe could be warranted and included in any "good DD".
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.