Truth about 8ks and other reports or the SEC certifying them...
The following is an excerpt from the Security Exchange Commissions web site. http://www. style='background-color:yellow;'>sec.gov/investor/pubs/microcapstock.htm
By law, the reports that companies file with the SEC must be truthful and complete, presenting the facts investors find important in making decisions to buy, hold, or sell a security. But the SEC cannot guarantee the accuracy of the reports companies file. Some dishonest companies break the law and file false reports. Every year, the SEC brings enforcement actions against companies who've "cooked their books" or failed to provide important information to investors. Read SEC filings — and all other information — with a questioning and critical mind.