To: MilesM who wrote (4205 ) 2/26/1999 6:40:00 PM From: De Peepster Read Replies (1) | Respond to of 5300
Dear Misha & All, This is an excerpt from another issue's FAQ page that I am invested in. I found the summation worthwhile and hence am sharing it. Note: The Company's name has been replaced with XXX. It is not relevant, their insight is. How does being an OTC Bulletin Board company affect XXX? Since 1996, XXX management has expressed its desire to ascend above the OTC Bulletin Board (OTCBB). We recognize an investor's concerns, and realize those concerns can become magnified when investing in an OTCBB company. Investing in an OTC Bulletin Board company usually means higher risks along with harder to find information - a potentially dangerous combination. It is very difficult for an OTCBB company to obtain quality research coverage, which translates into minimal exposure. One way to alleviate that problem, a practice that has gained popularity over the years, is the use of the Internet to research a company. While this medium has proved to be a wonderful news source, it has also become a breeding ground for mis-information and deceit. The anonymity provided by the Internet allows incorrigible individuals an opportunity to achieve their personal agendas. Thankfully, there has been a crackdown on its misuse, but the potential for deception still exists. As it has advised in the past, XXX advises all current and potential shareholders to obtain information directly from the company. The Internet provides an opportunity to share and discuss a company's past, present and future, however, all of this data should be confirmed through personal due diligence. The company in question is the place to go for concrete answers. If you prefer, licensed broker/dealers, and/or certified financial planners can help contact a company and are also excellent sources to help sift through the data you compile. L & $$$ WCTI,, Barbara