Apparently in this case you are not, this is a public company not a private one. I just proved the point there are several agreements filed via 8K and are required to be disclosed as such. Getting authorization requires no 8K as it is of no material value to shareholders. Anything of material value must be disclosed to shareholders in accordance with regulations.
Read the regulations it is required that they file an 8K for material definitive agreements and under:
17 CFR 229.601 - (Item 601) Exhibits.
(10)Material contracts
(B) Any contract upon which the registrant's business is substantially dependent, as in the case of continuing contracts to sell the major part of registrant's products or services or to purchase the major part of registrant's requirements of goods, services or raw materials or any franchise or license or other agreement to use a patent, formula, trade secret, process or trade name upon which registrant's business depends to a material extent;
That is law, that is not some make believe statement.
