analystslie....
SEC filings are generally legit and not like the type of false PR's most Pink listed companies generate.
LoL that's total BS man.......two of the largest scams in the world today were done on information provided in SEC Filings, MCI WorldCom and Enron both on major exchanges!!!!!! SQUM is an .OB which is not anything special. Sarbanes-Oxley just made the corporations get smarter. Just look at some of the salaries and benefits from some of these companies out there that gets hidden in the 10Q's, it’s out of control. Until investors wise up and start realizing that they really do own a piece of the companies and do something about it, it’s going to get worse.
The real problem with all companies is reading the corporate babble called forward-looking statements, which are used to cover up the real issues like earnings. When you increase the babble you increase the power of the magnifying glass. SQUM has added babble by knowingly allowing a video to float around the investment community representing a product that they no longer market. They also omitted the revised product to be distributed conveniently omitting the materials that used to manufacturer the product making it become brittle thus causing the product quality to suffer. After looking over the lock, it is evident that it is not “built to last”. This company only has two real products that are selling and both of them are a disgrace otherwise what are you are telling me? I should just lower my standards correct, I'm sure that won't happen.
All IMO…..
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