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Re: 1manband post# 21273

Wednesday, 01/25/2012 12:44:45 AM

Wednesday, January 25, 2012 12:44:45 AM

Post# of 224778
Very well said 1mb. Maybe should even be a sticky. Pink Sheet financials should in all probability be assumed to be inaccurate and misleading. The BS that companies put out to only activate the tier levels and sell shell stock are complete nonsense and blatantly inaccurate.

Not sure what the total answer is, but a fully reporting standard required would definitely be the focus. Pink Sheets could still make a buck, but SEC and GAAP standards would put an end to a big portion of the nonsense, criminal activity, and shell games.
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