Sunday, July 26, 2015 11:20:48 PM
It isn't that because they are a pinksheet they dont have to file.
It is because they don't file that they are a pinksheet.
It isn't like this is an exchange they choose to be on because they are a legitimate enterprise. They are put here because they are not legitimate.
A legitimate company files according to the SEC rules.
That is my point.
I know they have a WAY to not file. I asked for a good REASON.
"Because they don't have to" Is not a reason at all it is an excuse and the longs make too many of them for this company.
Reporting the insider holdings is an obligation kept by legitimate management. The reason to not file it can only be illegitimate for one reason or another.
So don't give me an excuse why they don't... give me a reason because there is one for sure. The truthful answer from Scott would be something like...
"We don't tell the shareholders who owns the shares because if we did the shareholders would ____________."
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