Saturday, June 04, 2016 2:03:10 AM
Most of this is specific to my previous post in that it relates to all kinds of specific provisions and meanings in specific sections and applicable paragraphs with exclusions of the safe harbor Private Securities Litigation Reform Act.
It's a lot of legal ease. Even the company example you give states in the second paragraph of it's disclaimer:
"This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995"..
The first paragraph basically indicates that Creative Edge Nutrition may not avail itself of the (certain / specific) Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995.
Again, realize if safe harbor disclaimers were not legally binding, why would all these companies legal counsel be using them?
The other links you show basically give the break down of specific section meanings contained within the Private Securities Litigation Reform Act. That doesn't mean that the reform Act doesn't apply or isn't applicable. The Reform Act (as written) is legally binding with many different forward-looking statements claims by specific section, paragraph, and meaning contained within the Private Securities Litigation Reform Act.
OTC involves high risk. OTC securities have no duty to provide nor assure information is accurate. OTC is not a securities exchange. Securities on the OTC markets may trade without being registered with the SEC.
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