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Re: Liveingreenbay post# 15923

Friday, 07/09/2021 2:42:09 PM

Friday, July 09, 2021 2:42:09 PM

Post# of 20553
Nope, not enough said when it’s all MISINFORMATION:

What are the consequences of becoming a Reporting Company?
By registering securities under Section 12(b) or Section 12(g) of the exchange Act, an issuer becomes subject to the periodic and current reporting requirements of Section 13(a) of the exchange Act. Exchange Act Section 15(d) issuers must file certain periodic reports and information required by Section 13 of the exchange Act as if they had registered securities under Section 12. Becoming a Reporting Company under the exchange Act, whether by registration under Section 12 or becoming subject to Section 15(d) of the exchange Act, triggers periodic and current reporting requirements pursuant to Sections 13(a) and 15(d), including the requirement to file:

• Annual reports on Form 10-K;
• Quarterly reports on Form 10-Q; and
• Current reports on Form 8-K

The exchange Act’s other provisions applicable to Reporting Companies are different, depending on whether issuers have registered under Section 12 or are subject to Section 15(d) of the exchange Act. Following a Section 12(g) or Section 12(b) registration, in addition to the exchange Act’s periodic and current reporting requirements, Section 13(a)5 also subjects the issuer to all of the exchange Act’s relevant provisions…

https://media2.mofo.com/documents/faq-periodic-reporting-requirements-for-us-issuers-overview.pdf