While it is true that Trump would like to make the SEC powerless for his buddies it won't matter at all. In the end. Firstly because he has to go through the process. That will take a year. I realize that with all the finra vacation time it will probably take that long to ever see an S1 but none the less the S1 isn't the problem is it? After all you pointed out that the S1 hasn't been filed yet so it can't be the problem... yet.
Also as you pointed out the S1 is the complicated part. If they can't even get a company action done in 4 months the S1 could take that whole year and more.
And lastly regulations don't mean anything to Dan. I can find a dozen quotes from him defending Scott not filing since there is nobody to regulate the pinks he doesn't have to file.
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