InvestorsHub Logo

DewmBoom

06/27/19 7:42 AM

#234089 RE: john12341 #234087

This is irrelevant...The SEC does nothing in OTC pink sheets stocks and they don't care....The top two companies that should be investigated with 10s or maybe 100s of millions of dollars in operation are companies like Hemp and MJNA. Hemp for example, is posting their financials on their own website, and nobody can stop that stock from trading.

The case you cited has national security matters. There are other cases like Biel for example, but the case against them originated because they were SEC reporting company and not OTC pink sheet and continued....In summary, the SEC has no business in OTC, alternative reporting companies.

price_and_volume

06/27/19 10:11 AM

#234111 RE: john12341 #234087

Thanks John, interesting read, esp 'Accounts Receivable'

That part appears VERY RELEVANT, but the whole thing sounds... familiar

Many OTC scams out there, and your example shows methods don't change much