As a "basher" I can always spot the sheep vs the touts. The sheep are fervent true believers. They have large investments they are holding until the stock skyrockets and their dream is fulfilled. They get extremely nervous and protective and are, naturally, quite opinionated.
The touts, on the other hand, just try to blow enough smoke to keep the true believers calm. The insidious among them will use platitudes like "we really can't prove this or that" or "everyone is innocent until proven guilty". They'll divert your attention from looking at red flags to looking for absolutes. Once you submit to this logic, you might as well just type "bah bah bah" and prepare to be sheered.
So, where do I fit into that equation? Imvho, I don't. A basher is someone who goes from stock to stock with intent purpose of bashing it into the ground. A tout goes from stock to stock with the intent purpose of pumping a stock to the moon. Both have predetermined objectives that will dictate what they are going to post. I do not. I post in an extemporaneous fashion in response to what I perceive is occurring to me as I go, while trying to ignore my position, or the position I want to be in. That's no doubt a challenge, but I feel that it will be rewarded in the long run.
If companies are legitimate, there's absolutely no reason why they wouldn't want to put it in writing with the SEC. After all, if you don't want to be public, why be a public company.
See, you are discriminating again. It's like looking at a homeless person and saying if they were not a loser, they would have a job. It could be that they an untreated alcoholic that is dominated by their illness, and just needs help from a good samaritan.
See, some legitimate companies, like Labwire started on the pinks through a 504 offering. They needed 1 mil to help with start-up costs, and have used the money well. They have Fortune 500 clients, and are on the way to getting AF's, and off the pinks. They have always filed in a timely fashion with pinksheets, and have never lost their quotes. I know they may be a bit behind revenue projections, but I think you would have a tough time convicting them of being a scam.....but it's that what you just accused them of in the above statement?
GB-ND
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