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Re: BWIS post# 434131

Tuesday, 01/11/2022 11:41:36 AM

Tuesday, January 11, 2022 11:41:36 AM

Post# of 704076
no legally there is not. I have been posting about this already and have little time to go over it but there is legally really not.

short. First of all, they have repeated in their 10Qs and K that they are seeking publication. If they have been declined over and over, over a set of time which is reasonable to get published then having that statement still valid is misleading.

If Im a listed company in Ice cream and I say I will manufacture banana ice cream then after how much time not doing so and failing to do so, is that repeated promise misleading? 1 year? 5 years? 100 years? 2 attempts, 5 attempts a 100 attempts? It's within reason that a prudent investor may expect the ice cream company to produce banana ice cream within a reasonable time for one can expect the Ice cream company has knowledge of how to produce banana ice.

There is a beginning and an end to a forward-looking statement and NO under safe harbor, the listed company can not keep saying and promising the heck they want. I have posted about this extensively a few weeks back and quoted several sources on this
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