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Re: None

Thursday, 05/30/2024 10:56:05 AM

Thursday, May 30, 2024 10:56:05 AM

Post# of 63460
Looks like there are a many low-info traders here who do not understand that the reason the update is so basic is because they have an effective S-1 registration statement, and that is the gospel for pitching your stock to new investors. It is a quiet period. The sec can impose specific instructions based on circumstances. Any company update has to be basic, and disseminated in the most common way, such as a press release VS podcasts etc (hence the back out of the podcast). If there is new information between the time of the S-1 (such as financial results that may have a share price impact as hinted in the press release), then it cannot be disseminited until the quiet period is over. For example, and this part is just a guess, but that is probably why they did not post the financials yet, yet they are eager to do so. I have to assume they were instructed not to post them, because it would be unfair to the investors who are considering investing into GRPS based off the registration documents only. Folks need to do some additional homework here....
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