American Green Inc (ERBB)

[neilbolton]

Flydoc,

"...promised funding to MediaMax has been delayed due to administrative changes in SEC´s Rule 415 guidelines..."

It means that a promise of funding from some specific person or entity has been delayed due to some new administrative requirement in SEC Rule 415. What the administrative requirement is and why it cannot be complied with by that specific person or entity is not stated.

Since SEC rules are there to protect the investing public, one should ask why that particular person or entity simply does not comply with the requirement. Since no other company that I am aware of seems to have any problem obtaining funding due to the changes in SEC Rule 415, one must wonder what is so peculiar about that funder.

Also, we were led to believe that investors were queueing up to provide finance to the company. It is inconceivable that all of these investors have problems with the change.

Don't you think it would be headlines throughout the financial press if some SEC rule changes were causing a disruption in the flow of funds to companies that need investment, yet there hasn't been a beep.