Replies to post #83318 on Forwardly Inc (FORW)

[CSykes]

You are 100% correct, I know down to the dime the cost for a private company to go public.

It doesn't cost a dime however for a company to prepare and present unaudited financial statements. Something as simple as an exported quickbooks report would suffice. The only cost associated with this is the $500 application fee and $3,000 annual fee to pinksheets. http://www.pinksheets.com/pink/products/news_service.jsp

Any CEO of a publicly traded company should at the very least provide shareholders with this basic information. If paying the fees and providing unaudited reports are to much of a burden on a public company, it has no business being public in the first place.

I also agree with you 100% that many pinksheet companies are real companies, I have worked with a few.. but the vast majority of them at the very least make an effort to provide shareholders adequate financial information.