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Nicasurf

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Nicasurf

Re: iLluSiOnofPrOgReSs post# 4671

Thursday, 01/07/2021 12:11:42 PM

Thursday, January 07, 2021 12:11:42 PM

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Looked it up say

stealth restatement

The phrase “stealth restatement” has been used for a few years, but has never been clearly defined. The SEC requires registrants to disclose within four business days a determination that past financial statements should “no longer be relied upon.”2 This disclosure is to appear in Item 4.02 of an 8-K.

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