"it's simply a legal matter of shareholder rights"
After three years of not filing accounts, I wonder who the shareholders are nowadays?
Presumably FASC views SEC Forms 3, 4 and 5 with the same lofty contempt as it views the other statutory filings it so blithely ignores.
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken