Well… Anyone can look up the a/s in the company's state of incorporation.
Which is pretty much useless apparently. From your posts, it would seem scam companies have ample time and room to NOT update anything, which was my original point. There needs to be a standard in place that applies to ALL companies, not just one exchange or non exchange.
The TA ought to be sure he's on top of that. But they're not always. I've seen companies exceed their authorized capital, and then "remember" to amend their articles of incorporation a few months later.
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