InvestorsHub Logo

Justfactsmam

08/16/14 11:27 AM

#10133 RE: blueblizzy #10112

You might be missing a very significant business practice that takes precedence over "the section titled "VI Confidentiality" in the TSX's Policy Statement on Timely Disclosure"...

Many companies "contractually" restrict the disclosure of their purchases of technology from a vendor, as a condition for purchase. Therefore, the vendor cannot disclose the purchase "by name" unless and until they get a release, which may never come.

It is generally a mandatory condition in any Defense Contractor's purchase, especially involving new technology, as well as within Law Enforcement and Security verticals.

For reasons of "competitive advantage","trade secrets" or "Security reasons" purchasers will require "NON-DISCLOSURE" of their purchase (except for financial reporting) and use of their name.

I can guarantee that investors will not learn ALL of ANY's clients or their specific purchases...the bottom line results of course will be reported.