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Monday, December 11, 2017 9:00:30 PM
It wasn’t, it was merely a false claim made within a safe harbor. Under SEC rules, safe harbor provisions protect publicly filing company management from liability for making projections and forecasts. MRIB will not have that protection of the Forward Looking Statement Safe Harbor however as it is not an SEC Registrant. The protection does not apply to MRIB nor any information provided by MRIB that contains a material misstatement or was misleading in any material respect because of the failure to include any statements necessary to make the statements not misleading.
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