Thanks for the update navy it seems there are a few shareholders with the same gripe. We may not have 30m+ in shares but there are enough collectively to demand that management shoot straight and tell us wtf is going on?
Consider that the first shot across your bow management and I hope you guys will do what's right and PROPERLY update the investment community. Disclosure through Twitter is new and novel I understand that but I also know the SEC has authorized this to be a compliant avenue for corporate updates.
FYI....
...."Regulation Fair Disclosure,[1] also commonly referred to as Regulation FD or Reg FD, is a regulation that was promulgated by the U.S. Securities and Exchange Commission (SEC) in August 2000.[2] The rule mandates that all publicly traded companies must disclose material information to all investors at the same time.
The regulation sought to stamp out selective disclosure, in which some investors (often large institutional investors) received market moving information before others (often smaller, individual investors).
Regulation FD fundamentally changed how companies communicate with investors by bringing more transparency and more frequent and timely communications, perhaps more than any other regulation in the history of the SEC.
On April 2, 2013, the Securities and Exchange Commission said companies can use social media to disseminate information if certain requirements are met. As with company websites, investors’ access to the chosen social media platform must not be restricted and investors must be notified about which social media will be used to disseminate information.[3]
Most of the corporate announcements are issued in press releases or during the conference calls and are summarized at websites."
AI
