Posted On: 08/24/2016 11:52:51 AM
Post# of 75360
The purpose of the filing of form 10 and up listing is to allow major funds to make investments in that company. The reason is that the earnings reports must be audited and can be trusted.
When an investment company parts with their money they have to have faith in the company they have interest in. The name of the game is to invest without risk. Audited financials is a major way to reduce risk.
When an investment company parts with their money they have to have faith in the company they have interest in. The name of the game is to invest without risk. Audited financials is a major way to reduce risk.
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