any idea what happened to all the other high profile names that have been associated with this in the past? Manji was one who was going to lead us all to the promised land - what happened to him?
FB: I have actually gone over this with you in the past and thought you had learned, but I am happy to add value to this board by explaining the rules surrounding Pink Sheet Securities. They are risky investments and most prove to be complete and utter failures. With great risk comes great reward and that is what keeps us coming back....
Bottom line = VEGA is under no obligation to report a thing. They can report partial filings, complete filings, or no filings. Do you understand? Feel free to call your stock broker to learn more, but these are the facts.
As for them moving to a major listing, this would of course have to change and is my belief as to why we haven't heard anything in a while. VGPR is undergoing a major overhaul to be in a position to report in a timely fashion. News should be out soon.
Pink Quote, informally known as the Pink Sheets, is an electronic quotation system operated by Pink OTC Markets that displays quotes from broker-dealers for many over-the-counter (OTC) securities. These securities tend to be inactively traded stocks, including penny stocks and those with a narrow geographic interest.[1] Market makers and other brokers can use Pink Quote to publish their bid and ask quotation prices. Starting in 1913, and prior to the creation of the electronic system in 2000, these quotes were printed on pink colored paper by the National Quotation Bureau. The term Pink Sheets is also used to refer to a market tier within the current Pink Quote system.
The Pink Sheets is not a stock exchange. To be quoted in the Pink Sheets, companies do not need to fulfill any requirements (e.g. filing financial statements with the SEC). With the exception of foreign issuers, mostly represented by ADRs, the companies quoted in the Pink Sheets tend to be closely held, extremely small, thinly traded, or bankrupt. Most do not meet the minimum U.S. listing requirements for trading on a stock exchange such as the New York Stock Exchange. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies.
For these reasons the SEC views companies listed on Pink Sheets as "among the most risky investments"[2] and advises potential investors to heavily research the companies in which they plan to invest.
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