Bebida Beverage Company (BBDA)

[kidnova]

A majority of SOX relates to the relationship between auditors and the companies which they audit, as well as what must be inclduded in the notes to the financials statements. Obviously this doesn't impact a non-audited, non-SEC reporting pinksheet stock.

Yes, it did increase penalties on management for mistating their financials, but unfortunately the SEC doesn't have the staff or the time to review every hunk of junk pinksheet company out there.