InvestorsHub Logo
Followers 117
Posts 9697
Boards Moderated 0
Alias Born 03/30/2017

Re: SOG post# 55798

Sunday, 04/23/2017 10:59:12 AM

Sunday, April 23, 2017 10:59:12 AM

Post# of 64445
Lol 99.9% of RS in stinky pinkies causes decrease in shareholder value. Fact!

ABC* has tanked right back to where it was before the RS was announced as an example. Fact!

KNSC has skull and crossbones and the co hasn't issues a simple Attorney letter with supplemental info to get rid of it. Fact!

FINRA and SEC Regulations state that an RM must be filed within 4 days after completion not years later. Fact!

https://www.securitieslawyer101.com/reverse-mergers/

In 2005, new rules were adopted that require former Shell Companies to file “Form 10 Information” with the SEC within four business days after the completion of a Reverse Merger. This information is substantially equivalent to that found in a Form 10 or SEC registration statement and requires comprehensive disclosure of the company’s business plan, risk factors, financial condition, management, properties, and audited financial statements.

Prior to the rule change, Shells avoided disclosure of much of this information for up to seventy-five days after the Reverse Merger was completed. Now Form 10 Information must be filed within four days after the Reverse Merger, and closing must be delayed to allow for preparation time of typically thirty to sixty days.

KNSC is a bloated POS non reporting skull and crossbones. Fact!

Glad I could clear that up for you again.