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matrix

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matrix

Re: BookUmDano post# 5335

Friday, 02/09/2007 2:04:07 PM

Friday, February 09, 2007 2:04:07 PM

Post# of 12962
Why do the insiders not file their share ownership with the SEC?

I hear people say JP has like 400 million shares. I can't find any SEC filings on this. Aren't all corporate officers supposed to dislcose to the SEC their holdings and all transactions?


It's required only for securities which have been registered under Section 12 of the Securities Exchange Act of 1934. CKYS' stock is not. Until a company hits a certain threshold level for assets and number of holders, registering their securities (and reporting insider transactions) w/ the feds is optional.

-----
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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