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Re: just_an_ant post# 171479

Thursday, 08/11/2011 12:39:57 AM

Thursday, August 11, 2011 12:39:57 AM

Post# of 241507
To comply with SOX would be very costly..................................Pink sheets, an electronic quotation service, do not require companies to register with the Securities and Exchange Commission (SEC), thereby exempting smaller companies from maintaining and disclosing their financial filings. As a result, they can save between $500,000 and millions of dollars in accounting and legal bills, depending on size of their company--a practical and desirable option for smaller companies.


http://www.gcconsulting.com/articles/120046/73/SOX-Culprit-Behind-Increased-Delisting

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