Thursday, August 28, 2014 11:26:52 PM
Actually, I agree that the SEC should broaden their language in regards to this matter so it is clear that never is actually "Within the last 10 years."
What I don't agree with is any attempt to construe that Ryan Schadel purposely committed any type of fraud or deception with his answers. He was given specific guidelines by what was requested on his S-1 application and answered them appropriately.
In my opinion, the only reason this keeps coming up is because there are factions who would like us to believe that the CEO cannot be trusted. Quite honestly, if they want me to believe that, then they better come up with more accurate and current information.
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