InvestorsHub Logo

sunspotter

09/10/14 8:55 AM

#3029 RE: old biohf guy #3028

"Yes, Roth was dark but not now."

Once again ROTH is still dark. It doesn't file reports with the SEC. That means by definition it is a dark company:

"We examine a large sample of public companies that choose to “go dark”, i.e., cease filing with the SEC by deregistering their securities, but continue to trade in the OTC market."

http://fic.wharton.upenn.edu/fic/papers/04/0419.pdf

"I confirmed with Mike Irving that commercials are 200/day as opposed to 200/week"


This may come as shock, but the CEOs and other officers of non-SEC reporting penny stock scams like ROTH routinely lie to their existing and potential marks. That's because they are amoral sociopaths who are usually very convincing liars.

"As for the Chinese company name, just because you can't find it doesn't mean that it doesn't exist."

I can guarantee you that there is no such company as "Tianjin Leading Biotechnology Co., Ltd" . It's a made up company with a close resemblance to a real company - Tianjin Hualida Biotechnology Co., Ltd. Absolutely classic pump and dump tactics.

trueharry

09/12/14 12:06 PM

#3033 RE: old biohf guy #3028

More nails in ROTH coffin from the link you provided on DARK companies

1) Make news announcements of
important events such as earnings releases, etc.? Answer: NO
2) Make quarterly and yearly financial statements available on a timely basis? Answer: NO
3) Hold annual meetings including election of outside directors? Answer: NO
4) Have annual results audited by a reputable CPA firm? Answer: NO

Jayyy

09/15/14 9:25 AM

#3036 RE: old biohf guy #3028

I also checked out the link you provided on companies going dark. Seems to me that this link highlights all the things about ROTH that are bad, NOT GOOD AT ALL. A QUOTE from the PDF "Often a firm will deregister to help hide a deteriorating financial condition, bad accounting or other ailments"