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packerfan9

02/18/11 11:46 AM

#7080 RE: sanbrunobaby #7079

San as I said to trade in pink markets no financial statement reporting required by Sec to trade. Pinksheets has its requirements but doesn't have anything to do with can a stock trade. Sec rules do and none for pinks to report.

In looking at financial statements which we rarely have any to look at with pinks I see this. They don't have much for revenues. Seems they did sell more stock and that is what keeps doors open and cash on hand.

I really didn't look them over very much as its a pink not a long term hold to see a company have great results. Nothing about fundamentals or results is reason to hold a pink long. Not when this market is made based on hyped runs and not much else.
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janice shell

02/20/11 11:19 PM

#7140 RE: sanbrunobaby #7079

Perhaps misleading to some as maybe some people see the 8k form and assume the reports are filed with SEC. Wonder if there is any other company that files with Pink Sheets this way.

Very misleading, and I've never seen another company do it.