Monday, March 05, 2018 8:44:04 PM
DK must think they were in total control of the numbers since ALJ mid summer 17 merger. They quit reporting ALJ then. I stated to Kate at the SEC that since the law was passed in 1986, companies ithat qualified for MLP status to save on taxes... were required to report earnings and distribute at least 90% of free cash flow to the limited partner unit holders. I detailed what happened and I will follow up with their office and the Texas compliance office as well.
This must be a calculated plan to deal with complaints and lawyers after they are dragged into it. I can't believe they don't know the requirements of their reporting, and will claim the ALDW numbers were included in the DK report in February.
DK did not own 100% on Oct 1st 2017-Feb 7th, 2018 and they fudged the numbers imo. Guess we will see but I thought the NTI deal years ago couldn't be topped for legal corruption,... Maybe I was wrong! Hope not.
"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-
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