Penny Stock Advice From Outside
You can get some good penny stock advice by looking outside the company.
Trade organisations are a good source of information on penny stock companies.
Companies join trade organisations to get the collective benefits associated with them. Often supply discounts or collective insurance, etc.
Membership to such organisations usually means a company has had to comply with some kind of entry criteria and therefore if the penny stock company you are researching is a member it must have complied and not be in breach of any of the principals.
Contact the trade organisation and find out how long has your target company been a member, have any complaints been received, etc.?
If they have been a member for a number of years and there are no negative reports then you can assume that the company is in good standing.
You can also use the trade organisation to gauge the general state of the market the company is operating in and what kind of business cycle impacts the industry.
Todd B
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