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Re: Its_lose_not_loose post# 129420

Sunday, 01/29/2017 9:10:17 AM

Sunday, January 29, 2017 9:10:17 AM

Post# of 146240
CORRECT, I AM NOT A LAWYER BUT.....

someone I know is an ex-SEC lawyer. He agrees with me. As long as the 10Ks and 10Qs contain the appropriate warnings the latitude granted corporate executives when makikng forward-looking statements is very very wide.

You want a final answer go to the SEC.

Any new funds raised via a PIPE are sold strictly to "sophisticated" investors. The latitude granted there is even wider. For some light reading on how wide, read the SEC filings about a company based in Princeton New Jersey called Black Light Inc.

Waiting for an SEC action will prove as fruitful as waiting for NNVC to produce a drug. Godot will arrive first.

The market will render its verdict.

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