Good post... i wish the article pointed out the PR rules apply to both the Nasdaq and the OTCBB for sure...
Lets assume they do ... My take on the PR and 8K info in that article still tells me that VGE hiring a new director and therefore must 8K or PR this fact using one of the methods... Also if the Dir. Wang did leave his position this must be done as well.. So the lack of these being done tells me to pay attention to them.
My take on this this PR vs. 8K thing is that Dr.K didn't want to PR about the new VGE Director in Singapore or make it look like he didn't want to, but knew he had to PR something under the rules. Maybe he is hoping he can rely on just telling the SEC it was a mistake or accodemtal ommission that he did not include the new director info in the same PR. But he did PR this VGE LTD and I think MMech's idea that he didn't have to is incorrect. JMO
Dr.K if anything does file religiously, so it is not like him to make a mistake or I should say Muzi... So I don't think this was accidental ommission on their part.
From what I saw on the docs, was that VGE PTE LTD was Incorporated on 07/23/2010 but......
The directors of the company were not appointed until 02/08/2011 So he may claim that offically he didn't have to PR or 8K because there were no directors until 02/2011 but...
The PR about VGE PTD LTD didn't come out until 03/01/2011 or about 21 days late ... I know you can file or ask for extensions to the requirements of 8K's up to 15 days I think.
There is a nugget in all this that we just need to connect the dots on...As I find it funny that Dr.K who IMO would PR he got a new pair of underwear if he thought it would raise the PPS while he sold his shares ...LOL... take his time on PRing the VGE PTD LTD info...
You know it could be as simple as Patrick asked him not to PR or 8K him until this court case Dr. Fong brought against him and Clean Tec was over or almost over so as not to involve VSPC ... but then...
Why would Patrick allow Clean tec to put stuff on their website about GKG??