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Re: surfkast post# 47264

Tuesday, 05/03/2016 1:13:41 PM

Tuesday, May 03, 2016 1:13:41 PM

Post# of 98642
"material event" definition for an 8K:

News or details that may reasonably be expected to affect a company’s stock price and thus decisions that investors make about buying or selling the company’s stock. Material events may be the addition or loss of a large customer, falling or rising sales, a merger agreement, financial results above or below expectations, or a change in the company’s dividend policy. Material events must be disclosed to the public and to the Securities and Exchange Commission in an 8-K.

They had already stated several times they were "negotiating" to sell pancakes in a can. It is not a material event to keep saying the same thing. Just PR crap.

I would assume that the intent to not file a 10K, and the reasons for that, might be a material event. The SEC even has a special form to do that called an NT-10K

I have no humble opinions, but I do have opinions and those are what I express in my posts. BUT...I have been wrong before and likely will be wrong again so do your own research and don't blame me if you are too lazy to do so.

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