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Re: None

Thursday, 03/05/2009 1:05:57 PM

Thursday, March 05, 2009 1:05:57 PM

Post# of 8728
Share issuing = obligation to disclose ?

The enormous dilution in MDOR was a total surprise and most of the shareholders learned it from the SEC filings, way after the fact, especially if you count in the delays to file.

IMO this event was material for the company and for all the shareholders, and still has'nt been disclosed when it happened.

IMO any share issuing, is material and should be issued immediatly. If shares issued are not part of an already disclosed perk program, and especially if they are used in lieu of debt financing, then they should be disclosed as such.

For those of you educated in this matter, is there indeed an obligation to disclose when shares are issued ?

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