I am tyring to discover some information about Cornerstone SMR. A friend of mine (who is a private investor in this company) wants some third party information regarding this organization's financial information and recent moves. Ultimately, we want to see if we can get a better idea if this company is going to go public, as it claims.
Obviously, we have the website address and general information.. http://www.cornerstonesmr.com/
IS there any way we can determine what level of interaction this company has had with the SEC?
How can we obtain (again third party) financials?
Any input will be appreciated
2007-12-10 04:12:06 · 2 answers · asked by RScott 3 in Business & Finance ➔ Investing
Private corporations do not have to make their financial statements public -- so it may be hard to find anything until they are ready to go public.
When they are ready to go public, they must file an S-1 with the SEC revealing all important information about the firm.
As for your question about dealings with the SEC -- all filings are available through the EDGAR database.
2007-12-10 08:05:17 · answer #1 · answered by Ranto 7 · 0⤊ 0⤋
Since it is currently privately held the only information you will find is what they choose to release. However since it is criminal to release misleading information for a public stock offering, any information they release prior to that public stock offering should be ok.
2007-12-10 04:22:38 · answer #2 · answered by countryguyhfc 5 · 0⤊ 0⤋