Still Limited. As expected. An opinion letter does not change the status.
And there is some funny wording in here as well.
1. CA transferred his shares to John that were paid to him as compensation? 2. What was the specific transaction that transferred this company to John? 3. CA had shares (as an officer) for over a year prior to transfer?
This letter should be causing red flags to fly all over.
fully reporting shows whether you are a good investment or bad. It takes the speculation out, and since it makes it safer, the ability to make multi bags is hampered. I'll take the unknowns here over a fully reporting POS any day