My posts keep getting removed because of their content.
I am obviously striking a nerve.
If the shareholders write to the SEC asking for an investigation relating to the money that was raised without proper financial filings then this would reduce the costs of a law suit. If the SEC finds that everything is in order then this is simply a case of bad management,if however the SEC finds wrongdoing then the shareholders know their individual case has more merit. The fact that WLSA went through a host of CFO's as well as audit partners leads me to believe there is an issue here.
The Advisory Board will also be a source of information.
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