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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (1333)	12/6/2006 4:45:10 PM
From: creede	Respond to of 1521

I'm not saying that most of the companies on the pink are not guilty as heck of taking advantage of the system. On the other hand, it would be nice if the basher crowd would admit that there are others that do follow the pinksheet rules. Some companies do choose to be transparent, and file pinksheet reports. These reports are not audited, but they are a move towards transparency, and offer a voluntary glimpse into the company. Some of the companies just need some time to get financially fit before shouldering the fees associated with AF's. There are three ways to become a pinksheet. 1. Fall off the OTC due to a failure to file. 2. Reverse merge into an old shell. 3. Incorporate on the pinks through a 504 offering. Number 3 is the type I am most interested in. They are the ones, imvho, most likely to be legit, and the ones that must file pinksheet reports in order to maintain their quotes. NNYG and LBWR are both examples of this type of genesis. Neither one of them have ever performed an r/s or lost their quotes. Sounds kinda different, don't you think? GB-ND c