Replies to post #66280 on Revolutionary Concepts Inc (fka REVO)

[riskreward007]

neither REVO directors nor Eyetalk365 are reporting any income to REVO shareholders.

Right now that's true.

BUT......sooner or later REVO will have to report its income on revised financial statements or face action by the SEC such as delisting.

IMO, this situation will be corrected, because with the SEC watching them like a hawk, there's no way the company can continue without reporting anything.

Admittedly, the lack of communication with shareholders is very strange behavior, that opens the door to a lot of wild speculation about their motives.

But most investors are still holding tightly onto their REVO shares and not selling.

[SamuraiAnimated]

Krysti,
It's been hinted before that you may have some legal background. What is your opinion of legal action/rights of shareholders here? Especially in the circumstance that RCI dissolves and Eyetalk is left with the spoils (if the patents are indeed valuable)?

Shareholders have kept this company afloat for +10 years. There must be rights to monetary compensation available to us. It seems all too convenient that a company can absolve themselves of fiduciary responsibilities by being willingly negligent and getting suspended by the SEC and subsequently de-listed.