Replies to post #121437 on High Performance Beverages Comp. (TBEV)

[SecOpz]

Documents like those evoke a degree of accountability. Fudging documents like these puts that company on the hook far more legally than some random PR. Much like fudging financials at any company gets people audited which leads to either fines and/or jail time. If you can't believe in anything, it's reasonable to have faith in that at the very least. No one is asking you to stake your life on it; just believe in the few tools available to hold a company accountable otherwise everything is a conspiracy and DD doesn't matter.

That's like saying ALL auto mechanics are scammers because the average person cannot verify their work simply because they themselves don't know how to work on cars.

Let the (very minimal mind you but it's the best we've got) checks and balances system do its thing here via official documentation. Make judgements and interpretations once you see ink on the paper.

[nit2win]

Maybe in the past that was true. However, within the last several years both FINRA and the SEC have instituted checks and balance systems to prevent that from happening.

Additionally, they have made accountants, auditors, and SEC attorneys' both liable and accountable for signing off on anything deemed or found to be fraudulent.

Can it still happen? Possibly, but I doubt anyone would be willing to risk their license's, livelihood and possible jail time for an OTC company.