Has anybody out there looked at "Purple" OTC BB: PPBV.OB??

They make an antioxident drink with the acai berry.

Answers

Creezy answered a question in General Market.
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Creezy answered one year ago …

I actually had someone ask me about this company the other day...gave me a whole long story about how they have a former Red Bull exec on board, blah blah. I'll tell you the same thing I told him...

This thing could be the next Red Bull, or it could be the next stock that you get burned on. This isn't a regular publicly traded company - it's an over-the-counter, bulletin board stock. They don't have to meet the same stringent reporting requirements as other stocks and therefore are wide open for fraud and manipulation.

Why even take the risk? There are plenty of other cheap stocks out there (that will probably get cheaper as this economy worsens). Better to keep your money close to you or at least in companies you know will be around next week.

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