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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd.

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To: Evan who wrote (4695)9/11/1999 2:47:00 PM
From: Cola Can  Read Replies (1) of 7209
 
All pennies are unstable, that's why they are pennies. Auditing is new to most pennies but they have to go through it now because of the SEC filing requirement to remain listed on the BB. Most pennies have no cash flow so they pay for the services with shares.

A lot of OTCBB stocks used to be listed on NASDAQ. Ever
heard of being "de-listed." That happens to NASDAQ, NYSE,
AMEX stocks that start failing to meet the listing
conditions. I once read a message where someone said the
first shares they bought of a company cost them $30.00
per share. At the time the person posted the message, the
stock was priced at 0.375 Can you say "ouch?"

You have to be careful where ever you invest.
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