Sunday, January 21, 2018 11:56:43 PM
No, they are not. There is a LAW about that. It is called Regulation FD. I suggest people read it, especially PT. Or his board and Compliance Committee. Oh, wait.........
That information is required to be in an 8-K. Mexus already determined that is required by calling San Felix a "material" property and announcing its acquisition in an 8-K.
https://www.sec.gov/Archives/edgar/data/1355677/000107878217000145/f8k020117_8k.htm
Note the 8-K was filed under Item 1.01 - Entry into a Material Definitive Agreement. Any changes in that agreement are also material, and thus required to also be announced in an 8-K.
Disclosing that information to selected others without an 8-K is a clear violation of several laws, including Regulation FD. But we already know Mexus and PT have little regard for securities laws.
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