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Re: 567tbd post# 16936

Thursday, 10/20/2011 10:24:19 PM

Thursday, October 20, 2011 10:24:19 PM

Post# of 233948
Comstock is a poor example of a Pink Sheet "growth stock", as it has been an SEC reporting issuer for over a decade. Prior to that, it was a "stinky pinky" technology shell company that did absolutely nothing until it filed a Form 10 in 2001 and became fully-reporting. It's fully reporting status made it very attractive as a shell for an actual, legitimate company and it entered the mineral exploration business around 2004 through an asset purchase agreement which was essentially a reverse takeover.

So, rather than Comstock being a good example of a "pink sheet stock that made good", it is instead the opposite. A good example of a fully reporting company that made good that did absolutely nothing and had very little value when it was a non-reporting "stinky pinky".

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