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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation

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To: Chuck Rubin who wrote (963)12/5/1998 1:00:00 AM
From: marcos  Read Replies (1) of 2585
 
Pretty much all the non-reporting bulletin board outfits claim that they intend to report soon. Those who name dates tend to miss their own deadlines - dgiv, edii, aznt, etc. Then if they do file anything, as aznt just did, the numbers never seem to match up with the previous hype.

It's a myth imho that genuine companies are built up from a start as a non-reporting bulletin board operation. Real companies do their books, get them audited, and file them with the SEC in a reasonably prompt time frame. There is no law preventing an OTC-BB listing from filing, and many do. Those who do not are imho extremely suspect.

And a Nevada incorporation? .... 'Why incorporate in Nevada?'
state.nv.us

"Minimal reporting and disclosure requirements
Stockholders are not public record
"
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