Publicly traded Companies in the U.S. Market Place.
13G filing is for any company employees, board of directors, individuals or companies doing business with the company that they are working with in Any Capacity including those covering News, publications that advise one way or the other. Brokerage companies public or private, their Brokers, staff low-level workers and any relatives or friends with involvement in the above.
10% holding or more for the average individual investor that does not meet the above standards.
I can not find ONE Individual that has purchased any "SUB PENNY STOCK" in access of 5% in a Sub Penny Stock that has not completed it required SEC filing requirements to be Charged with violating 13D,13G or 13F.
One ERHE'S stock gets above the SUB PENNY standard for 30 days and All SEC filings are up to date, then All Investors above 5% that meet the requirements of 13D, 13F and 13G are required to FILE.
Please conduct your own research in case I am Mistaken.
Sneak-attack