Friday, June 13, 2014 12:22:26 AM
I think Reid had to agree to only do the release of the PR & Form 10/audited financials filing on a Friday after market close as to not upset the trading in either of his 2 companies. I mean why drag it out all week long unless it was thought that announcing/releasing this filing could disrupt the OTC markets after a seemingly dead grey trader started doing the impossible during trading hours?
IMO, if we see something PR'ed tomorrow, it will be released after the market close so people have the weekend to absorb the PR, Form 10 and the audited financials to respond with a a more rational reaction next week.
BUT THAT'S JUST ME THINKING OUT LOUD!
are there any advantages or disadvantages of filing for releasing the PR during trading hours? Or is it better after hours? just trying to understand the strategy... it is nerve racking for sure
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