BUY PENNY STOCK

Do you think you want to buy a penny stock but you are having difficulty finding information about the company? There are several ways to get information on Micro cap companies. Several of the ways to get information are from the company itself, from the SEC, from your states securities regulator, other government regulators, reference books, and the Secretary of State where the company is incorporated. If there is no information in these resources, you just might be onto a scam.

Before you buy penny stocks, make sure your information gathering includes asking the company if it is registered with the SEC and files reports with them. You can also use the EDGAR database to find out if the company is registered with the SEC and get any financial reports you would need. There is also a Public Reference Room with the SEC you can check if you do not find any reports in the EDGAR database. This can show you if the company has filed an offering circular under Reg. A.

Banks and other companies are not required to file reports with the SEC. Instead, they file with banking regulators and you can verify registration at the Federal Reserve System’s National Information Center of Banking website, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.

Your public library and the Internet should be a good reference to find out information about companies too. You can find out about their history and track record and see if you want to buy a specific penny stock.

Finally, the Secretary of State’s website where the company was and is incorporated is another place to find out if the company shows to be in good standing. With the Secretary of State’s office you can review yearly reports the company has filed and the incorporation papers. It is always a good idea to review the company’s history and current standing.

If you are going to buy a penny stock, make sure to gather as much information as possible before you do. If you went through all of the resources listed above and you still have not found any information on the company, you might want to contact the SEC because the company could possibly be a penny stock scams.

PirateStockTV