Replies to post #184556 on Fortress Financial Group fka FFGO

[Lebron23]

NMGL is a Pink Sheet company

Pink Sheets is not a stock exchange. To be quoted via 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"[1] and advises potential investors to heavily research the companies in which they plan to invest.

I hate to cut and paste from Wikipedia....but the bottom line is that you have to know what a pink sheet company is.