It is against the law. Call the enforcement attorneys at the Ft. Worth, Texas Office of the SEC or the Texas Attorney General or the Texas State Securiies Board. You can find your answer there from a non-biased party. That will give you the true and real answer if you really want to know. Just ask any of them if non reported financial filings using shareholder money between two companies is legal where one company does not have the right to operate a oil lease as determined by the TRRC.