The bashers over at the RXSF board are baffoons. I agree with Vedderman, its so obvious what they have been doing and what they are trying to do. They latch onto and amplify any point of negativity they can find, or create, like the 8K issue. Its been explained yet they keep saying where is the 8K. Its not coming because the company is not required to file one. The company disclosed the contracts with WS in the Q, and the Q is a disclosure document. The 8K's are used when information occurs between Q's. It requires the company to report a material event ....not whats material to traders, but whats material to the SEC, and they are not the same. The agreements were disclosed in the Q, and the deal terms will probably be disclosed after the deals are closed. Period. The company, nor the SEC wants us trading n that information. They are looking for a leg up, nothing more. If that happens when the next Q is due, it will be in the Q. If not, it should be reported in the 8K. They use "putting the cart before the horse" to justify their statements. In other words, no 8K - then no deal or bad news. Its just the opposite. This is what happens when you have traders who think they are smarter than everyone else in the room, using situational arguments based solely on speculation as if they are fact. The only facts anyone should rely on are found in the regulatory filings. Nothing more or less.
They are the sleaziest of the sleeze. Brain Freeze explains a lot. There is no need to defend this company at that board. Its been hijacked, like liberals hijacking Trump rally.
