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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB)
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To: Jean-Philippe Chevalier who wrote (1275)2/19/1998 7:48:00 AM
From: Alex Sharp  Read Replies (3) of 1574
 
That question could be raised for any BB stock. However, I believe one reason they go public is because it opens up certain avenues for them. For example, it becomes easier to get financing if they have financials filed with the SEC. When they are private, they don't have to have financials or other necessary documents filed with various sources. Thus, I think it helps them in a variety of ways, I just don't know what, maybe someone out there does.
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