Thursday, August 13, 2020 12:54:36 PM
position, and failure to disclose is lying by omission.
Or they could just go ahead and sign that agreement with Spain (wink wink).
We know Kyle reads this board, though he claims he pays Brock to monitor it. Here's something for Brock to mull over. Maybe they can review with their OTC banned attorney.
Also, I am glad they finally filed they need a Recovery Permit to salvage the sites.
The federal securities laws require public companies, whenever they speak, to disclose all material information that would be necessary to present the truth entirely. This duty, which the Portfolio calls the “duty to avoid material omissions,” is found in both SEC anti fraud and financial reporting rules. Failure to comply with this duty can, in extreme cases, result in criminal prosecution.
https://pro.bloombergtax.com/portfolio/avoiding-material-omissions-federal-securities-laws-5509/#:~:text=The%20federal%20securities%20laws%20require,fraud%20and%20financial%20reporting%20rules.
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