Tuesday, November 18, 2014 5:28:55 PM
http://www.inc.com/encyclopedia/sec-disclosure-laws-and-regulations.html
Kreyenhagen is of material importance for Grid as they pretend, so if any funding was arranged, they have to report it as a listed company on a stock exchange. Not doing that is holding material info behind and thus illegal. I am not talking about presenting money at first instance, but showing a major progress breakthrough on the way. It is the big difference between a dead "exploration stage" company and a company in business and it will definitely impact investors' decisions. Investors should be informed, or at least their wording in the filing should differ from their current wordings ("no funding at this point"). If you file a full Q report, it can not be contrarian to things going on. So simply conclusion that there is really nothing going on and the whole Santa Rosa thing was a setup to lure investors into buying shares.
Nice try R, but this company is a scam and I am not changing my opinion until the first oil revenue dollars are proven, lresented and audited.
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