GRCU Alerts 08/30/2014 23:21:09 $GRCU At first I
Post# of 64081
Posted On: 08/31/2014 12:21:09 AM
GRCU Alerts 08/30/2014 23:21:09 $GRCU
At first I thought it would be a good thing, but now CCI has a lot of competition and I have seen classes canceled because of low registration. He should keep it separate.
Linedrive, respectfully, here's why no Audited Financials...
Per OTC Markets standards, a company ”is not” required to have Audited Financials as they are also not required to have their financials done by a Certified Public Accountant (CPA). Having Audited Financials and using a CPA is only required if you were going to be filing with the SEC. To maintain OTC Pink Current Information Status, the requirement is that you only have to make sure your financials are done in GAAP format of which GRCU’s financials are. OTC Markets also only requires that you use someone that you as a company trust to do your financials as they do not have to be done by a CPA.
For a much deeper understanding as to how some multi-billion dollar companies have done very well with having maintain OTC Pink Current Information Status, read below:
At first I thought it would be a good thing, but now CCI has a lot of competition and I have seen classes canceled because of low registration. He should keep it separate.
Linedrive, respectfully, here's why no Audited Financials...
Per OTC Markets standards, a company ”is not” required to have Audited Financials as they are also not required to have their financials done by a Certified Public Accountant (CPA). Having Audited Financials and using a CPA is only required if you were going to be filing with the SEC. To maintain OTC Pink Current Information Status, the requirement is that you only have to make sure your financials are done in GAAP format of which GRCU’s financials are. OTC Markets also only requires that you use someone that you as a company trust to do your financials as they do not have to be done by a CPA.
For a much deeper understanding as to how some multi-billion dollar companies have done very well with having maintain OTC Pink Current Information Status, read below:
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