Thursday, August 11, 2016 3:01:16 AM
They owe several hundred thousand dollars and close to 2 million free trading shares of company stock to the plaintiff who won the suit.
These facts should have been disclosed for the last 2 years and haven't.
Why isn't Bruce Weitzberg and the Company disclosing these material facts to the current and potential new shareholders of PASO?
Omitting material information that could have serious implications for shareholders, both current and future is unethical and subject to regulatory sanctions.
This could possibly expose Bruce Weitzberg and the Company to future lawsuits by current and future investors that aren't being given material and important information in which to make a proper decision whether to invest in the Company or not.
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