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Re: PennyHoper post# 18847

Tuesday, 10/31/2023 11:19:05 AM

Tuesday, October 31, 2023 11:19:05 AM

Post# of 22795
WCVC - remarks Brenda Hamilton, made to the SEC


Although it may not be obvious at first glance...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173125787

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* a remark Brenda Hamilton made to the SEC about 10 years ago.

Back then, the SEC was modifying its rules about companies being required to

a) give current and potential investors notice of company activity and

b) file those notices with the SEC.

Hamilton was OK with that in principle,
on matters of major importance.

However,
Hamilton observed that the filing of notice requirement
could be taken too far,

requiring companies to submit to the SEC in advance
every potential Twitter and Facebook update.

Their context suggests
that the words of value from Hamilton's SEC letter
were about Facebook and Twitter advertisements:


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"... updates to a Facebook page, or even to very brief Twitter notices
[are] intended to keep interested readers current with the company's activities.

In order to stimulate interest, these kinds of communications must be constant."


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It's normal for companies to advertise to attract customers.

Although we can question whether mere Facebook posts are enough,
their use was sufficiently normalized back then
to warrant her objection for a company to have to notify the SEC before each one.

But take note of the additional meaning,
that Facebook posts "keep interested readers current with the company's activities."

Nixon hasn't issued any PRs in a long time,
and his last interview with the Denver Post is now quite stale
(and inaccurate, since he is NOT opened in Takiza Taco places yet);
but these Facebook posts do let whomever
know that his companies are [allegedly] alive and well.


Since Oct 20,2023
(for Illegal Burger;
Oct 21, 2023 for Kalaka),
there has been a noticeable increase in Facebook postings.

Interpret that as you see fit.



https://www.facebook.com/illegalburgerco/

https://www.facebook.com/KalakaMexicanKitchen/

https://twitter.com/Illegal_Burger

October 30, 2019
WCVC Now Accepting Illegal Burger Franchise Applications Online


https://www.globenewswire.com/en/news-release/2019/10/30/1938120/0/en/WCVC-Now-Accepting-Illegal-Burger-Franchise-Applications-Online.html


Franchise Help Desk
844-372-6482

https://franchise.illegalburger.com/
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Brenda Hamilton - to SEC on Facebook and Twitter Advertisements

Brenda Hamilton - Letter to Ms. Elizabeth M. Murphy - October 30, 2013

Comments on Proposed Rule:
Amendments to Regulation D, Form D
and Rule 156 under the Securities Act


https://www.sec.gov/comments/s7-06-13/s70613.shtml
https://www.sec.gov/comments/s7-06-13/s70613-454.pdf

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