Pro Traders Forum

[e-ore]

If news or trading activity catches my attention one of the first things I do after checking who's posting at ihub is go to otcmarkets.com and check a company's reporting status on the symbol's "company info" page. Here's REER's

http://www.otcmarkets.com/stock/REER/company-info

Note that it says: "US Reporting: SEC filer"
Under that it show's the last 10q or 10k filed. In REER's case it was back in 2007. Then I go to the Secretary of State page for the state the company is incorporated in. In REER's case that's Nevada, where they've not filed since 2008 and are "revoked." Both of those situations are huge red flags for me. I rarely play them except for a daytrade.