Replies to post #11230 on Labwire Inc (LBWR)

[Bill_Investor]

Not necessarily on the tax filings. Remember, even if accrual based the M-1 section of the corporate returns will flush out non-deductible T&E, Allowance for Reserves, MACRS book to tax differences among other things.

[Robsct]

Pinksheet stocks don't have to comply with GAAP accounting practices! They don't even have to file financial staements at all to trade on the pinksheets. A pinksheet stock is unregulated!