Bioelectronics Corp (BIEL)

[kidnova]

The point being made, and in general I agree, is that doing true due diligence on a non-reporting pinksheet company without audited financial statements and a history of not fulfilling promises is sketchy at best. You can call the CEO all you want, but what do you really expect to gain? He's not going to tell you to sell all of your stock. He also shouldn't be telling you anything overwhelmingly positive unless it's already been made public.

With pinksheet companies you can do all of the "due diligence" in the world, but still end up knowing almost nothing because the information may or may not be reliable.