01-24-2013, 02:31 PM
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CC Member
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Join Date: Jan 2009
Location: Jonesboro,
AR
Cobra Make, Engine: Backdraft 874 solid red Roush 427 small block 515 hp
Posts: 572
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Quote:
Originally Posted by RodKnock
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The SEC regulators, attorneys, auditors and reporting requirements are very expensive.
To trade on stock exchanges, with public shareholders, is very expensive in legal and accounting bills. 10-K and 10-Q forms are required for public companies.
Public companies can still be shady like Enron, et al.
There are very large privately-held companies like Edelbrock. It went public and eventually returned to private ownership.
This is about all a retired old CPA can type on an iPhone without getting a smart guy to help out.
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Last edited by rpatton3; 01-24-2013 at 02:33 PM..
Reason: Typo
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