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Re: Gus McCrae post# 334450

Tuesday, 09/21/2021 12:06:30 PM

Tuesday, September 21, 2021 12:06:30 PM

Post# of 695345
I didn’t get the Gus wrong.

LOL. I wasn't talking to you, anders. I've read what you've posted. You can believe whatever you want. But, you are wrong. The cases you cited do not establish a hard and fast rule that a company has to disclose negative TLD via Form 8-K within 4 business days.

It's certainly "best practices" to release positive or negative TLD immediately. Like within a day or 2 at most. And for each day that passes, a company is more likely to have problems if the SEC initiates an enforcement action against them.

My main point is to put to bed the nonsense that somehow this investment has been derisked because the company hasn't issued a Form 8-K stating that the trial failed.

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