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 : PLFM - Undervalued with great potential -- Ignore unavailable to you. Want to Upgrade?

To: ROBERT BRADT who wrote (3503)	7/13/1998 12:19:00 AM
From: JOEY	Read Replies (1) \| Respond to of 9096

I feel PLFM becoming a reporting company is very important: I found this info on another thread: SEC reporting requirements are outlined in the in the Securities Act of 1933 and the Exchange Act of 1934. The Securities Act generally requires companies to give investors "full disclosure" of all "material facts," the facts investors would find important in making an investment decision. This Act also requires companies to file a registration statement with the SEC that includes information for investors. The SEC does not evaluate the merits of offerings, or determine if the securities offered are "good" investments. The Exchange Act requires publicly held companies to disclose information continually about their business operations, financial conditions, and management's. These companies, and in many cases their officers, directors and significant shareholders, must file periodic reports or other disclosure documents with the SEC. If a company is subject to the reporting requirements, it must file information with the SEC about: -its operations; -its officers, directors, and certain shareholders (including salary, various fringe benefits, and transactions between the company and management); -the financial condition of the business (including financial statements audited by an independent certified public accountant); and -its competitive position and material terms of contracts or lease agreements. All of this information becomes publicly available when you file your reports with the SEC. As is true with Securities Act filings, small business issuers may choose to use small business alternative forms and Regulation S-B for registration and reporting under the Exchange Act. **************************************************************************** The more information that will be available to the market place means less risk. Since investors require a ROI on the assumption of risk (depression of price), the reduction of that risk will result in a higher priced security (except in the unlikely event that the release of information to the marketplace actually increases risk to the investor). rings. *******************************************************************************] Jake