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doogdilinger

01/12/16 6:19 AM

#10101 RE: Switcher #10100

Insider affiliates are subject to the SEC's highly regulated 144 rules governing sales of insider stock...so as such all the DDCC insider affiliates can all only sell 1% of DDCC's Outstanding Shares over the course of any rolling 3 month period...and they must file Form 4's reporting any shares sold making it real easy to monitor any insider sales k Switcher!

Also, PubCo's have 4 market days to report material developments in 8k form...which means that Thursdays gold contract should be filed with the SEC no later than after market today/pre-market tomorrow.

I too wish they had filed an 8k already on the day of the announcement but as long as it arrives within the SEC's required material event reporting timeframe I'm cool with it glty