READ THIS about OS and My talk with SEC.
I contacted the SEC last week and spoke with 3 folks in various departments for hours including two directors very higher-ups who report directly to the SEC Chairman, not some peons.
I told them that the last reported OS is 3.061M and has not been updated since May 2017. Hence many people think they have to file SC 13G which is not fair to the investors if the OS is much higher. Why should the investors be forced to go through the trouble of filing SC13G if the Co is not willing to update the OS? Plus the TA is not giving the SS and the Co is not responding to emails.
Then the "SEC Department of Investor Advocacy Boss" agreed with my argument. They said the Co is bound by SEC laws to respond to shareholders. If they don't then they are in violation. So they made me draft a letter and submit. SEC forwarded that letter to the company and the TA.
The SEC asked them that they must respond to shareholders and to the SEC if the OS is different than the last reported.
There is no response from the Co as of yet. I called and talk to talk SEC folks today. They said the Co doesn't have to respond if the OS is the same. But if it has changed and they don't respond then SEC can take action.
But no response from the Co yet. What does that mean, you decide.
Contact # for SEC Investor Advocacy; 202-551-6500
They are very responsive. No wait time. Just call yourself.
Fools argue to win, so stay away from them and still say Thank you.
Smart people argue to seek the truth and say "Thank You" when they find that they are wrong.
