There is a very good reason why this rule has been passed---
It has been in review for several years and has been intensely reviewed the past fer months---
If a company has no intention of providing internal information to it shareholders it loses its ""face"" before its public----those who financed its birth--- and its privilege to raise money from the public--
Also,, if a publicly owned company can not earn enough money to hire an accountant to publish its financials,,, then where is the money going,,????