News Focus
News Focus
Followers 842
Posts 122795
Boards Moderated 10
Alias Born 09/05/2002

Re: Aiming4 post# 22177

Thursday, 11/27/2008 12:03:30 AM

Thursday, November 27, 2008 12:03:30 AM

Post# of 57559
>If Cortex decides to proceed with a registered direct offering, how much information do you think Cortex would have to provide to the prospective investors in regards to potential/expected timeframes for an RD deal, and the ballpark expected magnitude of an RD deal? I'd think the investors would want to have a decent handle on the RD deal prospects before plunking down their cash, so I'm curious how much Cortex would likely be willing to share with them.<

Unless the prospective buyers sign a non-disclosure agreement, COR cannot legally disclose anything of consequence to them that is not already in the SEC filings.

Non-disclosure agreements are generally reserved for major strategic transactions; they are rarely if ever used for routine financing deals. Regards, Dew


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now