Michelex Corp (fka MLXO)

[mugs57]

how does tom G get away without doing an announcement that he sold off all MLXO assets? isn't that against sarbanes oxley or his fiduciary responsibility or just common courtesy? he announces that he will reduce the shares, get a promoter and states he can't talk about his deals yet he can't tell his shareholders that they current hold a shell when it actually happens! i've actually had a company disclose they had a letter of intent to buy the company at a certain amount(of course it never came true)