Replies to post #32355 on Mining Global Inc (MNGG)

[Soco54]

So it does not give mngg much incentive to live up to this press release below b/c if they were then they would have to file detailing what violations they have.


WICKENBURG, Ariz., June 16, 2014 /PRNewswire/ -- Mining Global, Inc. (OTC Pink: YTRV) announced today that it intends to withdraw the SEC Form 15-12G that it filed on May 1, 2014 and, in so doing, it will continue to be subject to full SEC reporting obligations.

"We didn't think we would be this far ahead of the game at this point and that we'd be ready so soon to meet the stringent reporting standards that being a fully reporting company requires," said Chief Executive Officer Joel J. Natario. "Our legal and accounting teams have been outstanding and will continue to stay on top of everything needed to stay current. To remain fully reporting shows we are serious about turning this company around for the long-haul."

The company filed SEC Form 15-12G on May 1, 2014 to terminate its SEC reporting obligations and has a 60 day window to withdraw the form before it becomes effective.

[gitreal]

You're right, the pinksheet business is essentially without any regulatory reporting requirements, and is a license to lie. No 8-K's, no 10-Q's, nothing required by the SEC......

By the way, where is Joel's quarterly financial for OTC? I hope it is like the last one, it really gave me a good laugh.