Replies to post #14595 on FBEC Worldwide Inc (FBEC)

[RiverNorth]

GO FBEC!!!
YOU HAVE NO CLUE!!!!

[VST7]

$FBEC SEC & NASDAQ Rules Seem to Disagree with you, I'm not going to post the whole rulebook.

There's a Ton of info I could post, But I'm not the type to post HUGE Amounts of Info when you can look them up yourself, but here's just a taste;

Rules 5250(b)(3), 5810(b), 5840(k) and IM-5810-1: these rules require a company to make a public announcement, within a specified time frame, disclosing the receipt of a notice from Nasdaq staff or the Hearings Panel, the Nasdaq Listing and Hearing Review Council, or the Nasdaq Board, or a member thereof, that it does not meet a listing standard, that staff has determined to delist the company or that the company has received a public reprimand letter. However, companies who are in non-compliance because they are late with their SEC periodic reporting filings will be required to issue a press release and may not use the Form 8-K alternative. Notification of the disclosures should be made to the Nasdaq MarketWatch Department through Nasdaq 's electronic disclosure submission system at least ten minutes prior to the notification to the public;
It must be noted that, in cases where a Form 8-K is not required to be filed under the SEC rules, still require an issuer to make public disclosures through a press release.

Bottom-Line here is that an 8K is required to be filed within 4 days of a Material Event/Change/Acquisition, ect. AND a Press Release is also required within a certain time period. Even when an 8K is NOT required for certain things, a Press Release is.