True, not only true for pinkies.
You must mean OTCQBs.
In the real stock market there's a type of vigilantism. If a CEO doesn't disclose or tries to cover up a failure, then he better be ready to answer some questions at the next earnings CC. If the company has played loose with the facts, there's no need for the regulatory authorities to inflict punishment. The big kids will pound the chit out of the stock, and there goes the value of the CEO stock options.
In the pink scam world of BAYP there are no big kids to inflict punishment. Who cares about a CC, or any discussion of earnings - there are no earnings to discuss. If the CEO has lied out his pie hole, then that keeps the dreams alive with retail. Non-transparency is a cause for celebration! As in who needs a Form 10 or stock registration. But it's still good for a reoccurring rumor. LOL
So we wait to see if and when the summer pump-a-rama will begin. What form it takes, and whether it's successful enough to bring in new herd members to buy in volume.
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