Replies to post #1565 on RMD Technologies, Inc. (fka RMDT)

[RG]

Tell me which Company you would prefer putting your hard earned money? The second one is where RMDT trades and I guess they fit that one well. I can easily understand why Company in that sector would NOT File AUDITED Financials. The returning to the OTCBB is a joke if you caught it.
ROFL

Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to Pink OTC Markets Guidelines for Providing Adequate Current Information (pdf) are designated as Pink Sheets Current Information.

The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk. This category includes shell or development stage companies with little or no operations as well as companies without audited financials and as such should be considered extremely speculative by investors.

Or

Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available.

The Limited Information category also includes companies that may not be troubled, but are unwilling to meet Pink Sheets' Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the Pink Sheets News Service or have made a filing on the SEC's EDGAR system in the previous six months.