InvestorsHub Logo
Followers 50
Posts 5201
Boards Moderated 0
Alias Born 07/30/2007

Re: None

Monday, 01/31/2022 6:35:45 PM

Monday, January 31, 2022 6:35:45 PM

Post# of 22471
Although dated 1/13/21, this is a good read:
https://www.ipohub.org/delisting-and-deregistering-guidance/

Does anyone know how many shareholders WCVC has, and what its total assets are (relevant to the section on Going Dark)?

Note: I'm not hoping any of the options listed in the article happen, and I don't yet know if any rules/laws have changed since then that would affect what WCVC is faced with now.

--
This article:
https://www.investopedia.com/terms/s/sec-form-25.asp

is also worth reading for its points on the cost for companies to comply with SEC reporting obligations.

As a shareholder myself, I don't feel sympathetic toward WCVCs hypocritical claims to be transparent with investors without ANY public statements about its reasons for not keeping current with its filings. BUT, I don't doubt that WCVC has had trouble with its cash-flow because of COVID-19, and I doubt very much that Nixon was truly channeling every penny he got into his own pocket; otherwise he probably wouldn't have gotten government emergency loans that kept his staff on board and all of his stores running.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.