Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle -- Ignore unavailable to you. Want to Upgrade?

To: C. Riley who wrote (228)	11/28/1997 9:25:00 PM
From: Due Diligence	Respond to of 441

YEP! An opposing view is good if it is rational and not filled with inflamation.Sorry. Jeff responded on bobz saying that it is certified SEC.Accountants???? I do believe NRAG and a few others are LOng term holds. I guess that's what makes a market. Jimbo

To: C. Riley who wrote (228)	11/28/1997 9:26:00 PM
From: David W. Tucker	Respond to of 441

I agree with all of your points. I mostly wanted to point out the facts about the "auditing". I agree that most penny stocks don't report at all and that Noram is way ahead by reporting what they can. I just felt Jeff's statement about the financials was too bold to let go without comment. If their revenues increase dramatically as we hope, they would likely have to start audited reporting of earnings if they have any hope of advancing to a higher level in the stock market (hopefully NASD). Audited reporting would give me much more confidence in the long run. dave

To: C. Riley who wrote (228)	11/28/1997 9:29:00 PM
From: C. Riley	Read Replies (1) \| Respond to of 441

FACT: 10Q's FROM COMPANIES ON THE BIG BOARDS ARE NOT AUDITED!! The SEC does not require quarterly reports, from the smallest to the most giant of companies, to be audited. Only the annual reports of large companies must be audited. By Noram having its annual report audited, it's meeting the same reporting requirements as the big boys!! It is a rare penny stock that can make this statement! Score 10 for NRAG!!