Friday, January 27, 2012 10:50:35 AM
SEC filings are for companies trading on the OTCQB and higher. Not to mention it is significantly more expensive and not very conducive to growth for a small company. I'm happy in the last year they just started putting out quarterlies.
So what? A lot of companies do no par value, it really means nothing for stocks and has no relation to the market value of a stock
A measure so they cannot be hostilely taken over?
Kind of redundant to your first point. Pink sheet companies do not file audited financials, and big board stocks only do audited financials on their 10K. I think what you are looking for is an attorney's letter.
Edit: I am not proud they are delinquent on their Nevada annual list of officers but it costs a mere $1,550.00 to get it fixed. I'm sure it will get done soon. Seems to me they have had a lot on their plate recently. Oh and "The State Business License Fee is $200 and must be renewed annually". No big.
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