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Re: JTORENCE post# 235819

Tuesday, 07/31/2018 9:42:32 PM

Tuesday, July 31, 2018 9:42:32 PM

Post# of 402959
A BTD approval, or not, is not a material event until a non-insider gains access to the info which then becomes tradeable info that can affect share price and therefore future share structure. Leo does not have to report a BTD decision until he decides to report, or it gets leaked. Until then, release of the designation can wait until after it has been revealed to any negotiating party holding a CDA, or his own strategic release date.

* Never borrow to invest.

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