REVE Technologies, Inc (BSSP)

[Hokie]

That was then.....billions of shares have been dumped since then. Explain to the ordinary man why the "sellers" needed to have this clause included in the negotiations....because my ordinary man assumption say that spells r/s coming soon........
https://finance.yahoo.com/news/cantech-holding-inc-announces-letter-150000170.html

The Sellers believed that these shares would come into the market based on this public information and negotiated with the buyers for a non-dilutable position related to the common shares which was also disclosed in the public filings.

If a material event occurs that changes or positively or negatively impacts the process of obtaining the permits then the Company would immediately make those facts known. If there is no change and the process is continuing as expect other than a delay then the Company will remain silent, patiently waiting on the Government Agency in Mexico to complete its permitting process. With little spare resources telling the Market that there is no change in the expectations of receiving the permit other than it taken longer than expected would in management's judgment not be a good use of funds unless warranted. If the Company hasn't disclosed they have been awarded the permit or that the permit will not be issued then the ordinary man assumption would be that the Agency is taking longer than expected.