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Microcap & Penny Stocks : Tonto and Janice Teach Investing

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To: Janice Shell who wrote (101)3/20/1999 12:58:00 AM
From: Angel D  Read Replies (2) of 302
 
Janice,

Here's another thing that I think is a "bummer". The company can make certain statements such as:

1. The "Titanium Keychain Company, Inc", TKCIF is in the business of providing sevices to the 2 billion dollar automotive aftermarket as well as the 15 billion dollar home improvement market.

2. TKCIF has made the successful transition from the low margin industry of tomato gowing to the high tech field of home and auto security.

3. Plants around the world, yada, yada yada.

The trouble is that all of such statements are made under the "Safe Harbor " act. The average investor thinks that "Safe Harbor" statements must be, in some way, regulated and, therefore, have to be true. What a joke!! However, what's the novice investor to think?

Best regards,

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