Replies to post #4049 on RCMW Group Inc (fka RCMW)

[Eagle1969]

To use your reference to my being a lawyer --I would much rather rely on an SEC filing than a PR--in fact many hold you should never trust a PR --

But of course companies do lie in SEC filings --I am painfully aware of this as 2 Chinese companies I have traded in the past 7 months lied in their filings and the stocks are now nearly worthless--so SEC filings may not be what you may believe they are

I have not noticed lying in the CPOW filings --I am concerned that there has been no filing on the 500,000 shares given to the PR firm and the failure to file notice of the termination of the Montana lease--that would be serious as an investor relying on the SEC filings might well buy because of the Montana lease not knowing it is now kaput

[agribusiness72]

You must still be careful, Enron had SEC filings, Lehman Bros had them, and look where they are now. SEC Filings of Possible JV's are not as important as the quarterly and annual financial statements. These, to me, hold much more weight than any other report. Jv's can fall through for numerous reasons, not having money is one. 10Qs and 10A's must be audited by a third party verifying accuracy for me to consider them valid. Just remember:

The person using blind faith can't see where he's been, much less where he is going.