InvestorsHub Logo
Followers 10
Posts 1681
Boards Moderated 0
Alias Born 09/17/2010

Re: 1manband post# 64422

Monday, 05/06/2013 9:40:46 AM

Monday, May 06, 2013 9:40:46 AM

Post# of 67010
Well i am not sure precise SEC rule aganst NI3-101 report for company not listed in canada but I know they seriously frown on companies promoting this sort of report when they are not required to file in Canada. As far as their press release and the non-compliance indicated in their press releases I posted a lot on this before, and seemed to generate antagonism amongst some members of this board, my prior posts outline my opinions on this.

Yes SEC Guide 7 requires much more disclosure than this company gives, I just posted comments from just one SEC comment letter. At best company when they have a periodic review will have to do a lot of re-statements, or worse a series of retractions. Looking at how they disclose things shows limited experience of the CFO in my opinion- and why serious investors wouldnt provide serious money to this company.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.