Friday, January 05, 2018 2:46:36 PM
The SEC actually would like these small companies to be private. (For verification of that fact, read the transcript of their public forum with the DTCC... about 3/4 years ago) It would relieve them of an enormous burden; one which they pretty well ignore anyway. They have no love for OTC investors anyway and less for OTC companies.
I provided a link earlier to another company that went private. The key is to miss filings and deadlines and force the SEC to delist the company and then continue to run it as private. That way it is easy to deflect the blame.
The bigger question I have is this: Given the dozens of promises Brewer has straight up broken; why would anyone believe his privatization denial??
"Libenter homines id quod volunt credunt"
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