Ev’s Corner: Form 8-K and Why It Matters
Phoenix, Arizona. [Uptick Newswire August 9, 2016] – When you are a publicly traded company and something other than the norm happens, you need to file a Form 8-K.
What is an 8-K?
An 8-K is an official document that notes any changes within a company, such as a management change, a financial arrangement, a new product, and/or a debt and stock restructure. Whatever the change is, you, the company, have four days from the day of the event to file an 8-K with the SEC.
So, why does it matter?
Form 8-K provides accurate and up-to-date information so that investors, shareholders, and stakeholders are always informed on a company’s activities. Late or no-filings not only keep investors in the dark, but also reflect the company’s operation as a whole.
If you truly want to make money with penny stocks, it’s important to set aside time to sift through 8-K’s. Sometimes you’ll find good information and sometimes you’ll find bad information, but information is exactly what you need to make a sound decision.
Source: Uptick Newswire