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Monksdream

07/06/18 8:10 PM

#137867 RE: SittingPretty #137865

It is interesting to learn how OTC companies operate. In many cases the office is a FedEX or United Parcel mail drop.
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Monksdream

07/06/18 8:13 PM

#137868 RE: SittingPretty #137865

One task I do when an OTC company files a 10Q is first look at the revenue for the quarter and compare it to the expenses. The difference can be anywhere from $10 of expenses for a dollar of revenue. Sometimes these companies will report no revenue quarter and after quarter yet report tremendous sums of expenses, which, to make it simple, is nothing more than other people's money.