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drifterfcrc

03/28/12 12:10 AM

#20082 RE: Risicare #20081

BINGO. This one a big time SCAM. Waiting for ANY suckers so I can dump the rest of this POS stock. Buy them cheapies lol.

Clyde33

03/28/12 12:22 AM

#20083 RE: Risicare #20081

Risicare ... you are absolutely correct, up until this year when all OTC Markets disclosure requirements became much more stringent.

Today, though still "unaudited" on Pinksheets anyway, all OTC Market companies MUST have a licensed CPA sign off on their accounting and a recognized securities attorney sign off on everything including the disclosure statement. Last year the "OTC Disclosure Statement" was maybe 5 pages long. Today, that same statement or OTC Filing is 54 pages long and VERY detailed in legal wording of its questions.

It is quite possible that the company simply wants to spend their money growing the "Actual Business" and not worry too much at the moment about the expensive filings etc. until such time as the business and cash flows better warrant this secondary step. This is normally why companies file a Form-15.

As for the Form-15 that you recognize to have been filed 3 years ago, this was just mentioned as to point out the fact that ever since that filing, which was accepted by the SEC, this company has no legal obligation to report anything.

I'm not here to, nor wanting to, debate "scammer / no scammer" as this all tends to be opinion. I am just pointing out the FACTS. What you do with the FACTS and RULES of ENGAGEMENT, well that is a personal and individual choice.