Alternative reporting is a red flag and pinks are the riskiest of investment of all stocks, but there are some stocks that I invested in like RXMD that have moved up to the venture exchange recently and have been a very solid investment. So you and Pussim are both correct. A generalized stay away for inexperienced investors will likely save investors a lot of money and for the investors that have the intelligence to properly do the required research pinks can be quite rewarding, but still have to remember with alternative reporting most companies fail to show the whole picture and that risk will always be there.