Deep Blue Marine (DPBE)

[jyjreyes]

IS DPBE required to file financial statement?


Quote:

Ah, okay. Yes, no need for the CEO to speak in public or release company information to all shareholders...or file required financial statements with the SEC. No need for any of that.


Directly from the SEC web page
http://www.sec.gov/answers/pink.htm
..OTC Link does not require companies whose securities are quoted on its systems to meet any listing requirements.

...Most of these issuers do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC

Therefore because DPBE is listed in the OTC is is not required to file any financial statements. Everyone should know that before deciding to invest their money in any OTC stock. Sometimes when you play with fire you get burned.