Interesting Article prophetti...
But this quote:
"Stocks on the Pink Sheets system fall between the cracks of regulation. The NASD regulates brokers, not the stocks they trade. The Securities and Exchange Commission, with few exceptions, regulates only companies with more than $10 million in assets and more than 500 shareholders. Virtually no stocks traded on the Pink Sheets clear that bar."
Leads me to believe that PBLS would be under SEC scrutiny, as pnew's DD has proved that they have over $10MM in assets, and that there are more than 500 shareholders...
It's nice to know that PBLS is one of the few stocks on the Pink Sheets that can "clear that bar."
