Replies to post #57908 on The Golden Lounge

[Rocketred]

I agree there is an agenda to stay pink.

[Jim Bishop]

I agree, there's no way any company should be able to trade publicly and not be fully reporting.

[hasher]

"And I dont want hear none of this, OH the little companys would not be able to list"

Translation: How can I screw people out of their money if I have to file?? I agree 100%.. all companies that sell to the general public should be required to file. Miss 2 filing dealines, back to back and you are shut down till further review.

[Mark_Leh]

There should be no pink / gray markets!!!! If a company cant file and have the nessesary goods to be in the public eye, Stay private, and screw theirselves!!!!

Uhhh, do you think only institutions or the super-wealthy should be allowed to buy stock in the world's largest and most profitable appliance manufacturer? That's what you're suggesting.

There are foreign companies out there like Electrolux, which has a long history of disclosure but thinks that Sarbanes-Oxley is ridiculous. Electrolux is listed on the Pink Sheets. Were they not, only investors with access to the Stockholm exchange would be able to invest.