| Quepasa Corporation recognizes the importance of building shareholder trust. To fulfill its responsibilities to shareholders, the Board of Directors exercises best practices in corporate governance to ensure that the Company's business complies with the rules and regulations of the Securities and Exchange Commission. Management feels it has created the optimal corporate structure to realize Quepasa's potential and has established the appropriate financial controls and oversight of the Company's internal processes: Quepasa Corporation adheres to the highest levels of ethical business practices, as embodied by the Code of Ethics, which provides guidelines for ethical conduct by our Board of Directors, Management, and employees.
The Board of Directors has set corporate governance guidelines to provide a framework so Management and the Board can operate effectively together to achieve Quepasa's objectives for the benefit of our shareholders.
More than two-thirds of the Directors on Quepasa's Board are independent as defined by the Sarbanes-Oxley Act of 2002, the rules and regulations of the Securities and Exchange Commission, and the OTC BB Stock Market. We report our financial results in a clear and concise manner, in accordance with Generally Accepted Accounting Principles (GAAP).
Quepasa Corporation pledges to maintain the highest standards of integrity, on behalf of our shareholders, community members, and employees.
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Governance