Problem is No Bar Charts This Week(?)! Company is skittish about providing too much information: So as not to be in violation of bank confidentiality requirements. Transparency was intended, however. In response--since there are no filings: In the last two weeks, there have been (1) a sociology assessment, and (2) a math modeling assessment. Those were used to make business volume estimates, apart from what is on Facebook.
So maybe now anyone sees data on Facebook this week, fairly limited. Kudos to the analysts, likely.
Filing Financials is actually a preventive disclosure method. The Company controls the information flow, completely. Reporting period and subsequent events are included.
So this week there are no bar charts or business volume breakdowns, on Facebook. Transparency more than anticipated had possibly happened. Given a 1500% business volume increase, in only 100 days, There is increased likelihood of SEC fillings, all paid for. The filings will boost credibility. They will also assert control over the flow of information.
SEC requires filings are required if there are more than 300 shareholders. The threshold is 500 if there is less than $10.0 mil. in assets. Filings actually help guarantee a market for the securities. More people do want them, when they do.
