Apparently, it's another BS ploy. Or The whole company is lost; no CEO, CFO, attorneys or guidance. The ConMan didn't just walk away he's running! (How much more has the ConMan stolen from this scam operation?)
Companies have four business days to file a Form 8-K
If you read it in the news but was never filed, IT IS BS!!
Additionally, when people outside of it have to tell a fricken new CEO how to perform, YOU'RE SCREWED again!
In addition to filing annual reports on Form 10-K and quarterly reports on Form 10-Q, public companies must report certain material corporate events on a more current basis. Form 8-K is the “current report” companies must file with the SEC to announce major events that shareholders should know about.
The instructions for Form 8-K describe the types of events that trigger a public company's obligation to file a current report, including any of the following :
Section 5 Corporate Governance and Management Item 5.01 Changes in Control of Registrant Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Item 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans Item 5.05 Amendment to Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics Item 5.06 Change in Shell Company Status Item 5.07 Submission of Matters to a Vote of Security Holders Item 5.08 Shareholder Director Nominations
Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.
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