
Trash.

What's stopping them from lying and saying the didn't turn a profit?
Most of these star

Trash.

What's stopping them from lying and saying the didn't turn a profit?
Non-pubic companies (think UFC) are not required to disclose their books. And look at that Starbucks of China, Luckin Coffee (sp), fraud happens on ever level even with auditors.
While there are
some safeguards:
"All companies that raise on Republic provide fundraising documents to the SEC. You can always find more information about each company, including voluntary amendments to their Form C and Form D filings, if you follow the Form C link on their campaign page or search the
SEC’s EDGAR database."
But with ANY investment, do your due diligence. Check the company, its founders and backers history and in these spaces, ask questions. If they don't reply, don't invest.
What is the demand is their product? Scalability? Does it already exist? If so, their competitors? Long-term goal of company? etc.
And as always only invest what you're willing to lose and not have it affect your lifestyle. Hell, I already bought share as an early investor with this biotech; let's see if it makes me money in the future or a dud (lost thousands before I made thousands with stocks)
Investor Relations - Quadrant Biosciences