Replies to post #1553 on Green Mountain Development Corp (GMND)

[pitts77h]

The company has put out all its current financials...

Not as far as OTC Markets is concerned, they haven't. They rightly regard such press releases available on a company website to be of no practical value.

But hey - don't just take MY word for it, lets see what OTC Markets has to say themselves!

http://www.otcmarkets.com/stock/GMND/quote

Warning This company may not be making material information publicly available.

If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
...

Why does OTC Markets display this warning?

Companies that are identified on otcmarkets.com as having “No Information” may be placing their shareholders at risk of violating 10b5-1 insider trading rules. OTC Markets recommends that investors wishing to place a trade in such securities contact the company to verify it is making adequate current information publicly available.