After reading this post, I am not sure I understand what you are trying to relate. Please expand on your thoughts a little more. Thanks…

Granted, we all get enough spam about “the next greatest thing” rendering BB stocks as attractive as fulfilling our voracious appetite for cheap viagra. However, many companies emerge from the Angel-investment stage only to stagnate in growth because they start to chase VC’s to help them get to the next round. Trouble is, VC’s are fixated on the one-in-a-million success story that will allow them to realize a phenominal return on a well-documented exit strategy.

The fact is, being a public, fully-reporting and trading bulletin board company, with strong documented progress and good share trading volume produces an comfort level with many investors as they look for an exit strategy to minimize their losses if things don’t go as planned, while still maintaining good potential when things do. You can’t do that with a private venture!

This being said, everyone should stay away from Pink Sheet companies that are non-reporting. The pinks are there for temporarily de-listed companies from the BB or major exchange only (due to late filing or other criteria), not to build any credibility as an investment. The reason why these ridiculous e-mail Spam campaigns keep working is because a few people can’t resist and buy into the hype.

Resist all temptation and invest only in fully-reporting companies where you can at least have an educated approach to your investment. The SEC is doing a great job in cleaning up these exchanges, and regulators in Canada are following as well.

To suggest, however, that this space is reserved for “un-educated” investors would not give full credit to the numerous solid investments and the many investors who put faith in the public markets.

I get a lot of spam messages touting penny stocks these days. Fortunately, Thunderbird catches them more and more.