Wednesday, August 26, 2009

Document Capture Technologies Posts Transcript??

Document Capture Technologies, Inc. (OTCBB:DCMT) posted an interesting press release today. They filed their 8-K including the conference call transcripts just recently held. This seems unusual as most companies just run the replay for several weeks and then make it disappear. Clearly this is an OTCBB company trying to gain traction with investors and I bet the conference call makes the company sound really good.

But it does try to set a standard and let investors know where they can find the transcript. Of Course look at the name of the company and you’ll know why they did it.

Disturbing complication for those few services that provide conference call transcripts. What if the SEC mandated this behaviour and made it cost efficient for investors to get the transcript? That would help transparency.