Tuesday, March 31, 2015 12:25:51 PM
VI. Disclosure
To enhance the transparency of issuer repurchases, we proposed that Regulations S-K and S-B, and Forms 10-Q, 10-QSB, 10-K, 10-KSB, 20-F (for foreign private issuers), and N-CSR (for closed-end funds) be amended to require periodic disclosure of all issuer repurchases of equity securities. These disclosure requirements would be independent of the Rule 10b-18 safe harbor.
Under the proposed amendments, issuers would be required to disclose, among other things, the total number of shares repurchased during the past quarter, the average price paid per share, the number of shares that were purchased as part of a publicly announced repurchase plan, and the maximum number (or approximate dollar value) of shares that may yet be purchased under the plans or programs.
Pretty clear from the SEC that MTVX can buyback shares all quarter long and not report until AFTER the completion of that quarter. So nobody KNOWS if MTVX is/has/or is going to buyback shares until after they do. Way after. $2,000,000 buys 20,000,000,000 shares at .0001. Thats 1000 Motopeds sold at $2000. GO MTVX!!!!!!!!
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