Replies to post #31953 on Phoenix Associates Land Syndicate (fka PBLSQ)

[WAC]

What you are saying is that a company must comply with SEC regulations three years prior to filing? Even though they may not have known they were going to file at that point. So technically, they cannot file until three years from the date they started adhering to SEC rules. If they did not start adhering to the regulations until yesterday, then they cannot file until three years from then?

Not sure if the above makes sense or not, but I think you will understand what I am asking. Seems like there would be some flexibility with this.

Sorry I replied to him. Had to ask.

[fizzlegig]

MrPastorious

Link?

Highlight, right click, copy, move to cursor in post and press ctrl+V.

I am perfectly willing to believe you and perfectly willing to admit it, if I am wrong. I need a link though. You are not an SEC attorney, perhaps you can work for that firm tomorrow. So you had to read that information somewhere or is it just an assumption that a non-reporting company must meet reporting requirements for 3 years prior before it can be fully reporting. True, they must report financial information going back 3 years. We both agree on this. But where does it say that they must have MET the SEC reporting requirements of REPORTING companies for those 3 years?

I seriously wait on this enlightenment. It would basically be ammo enough to prove that NOT ONE pink sheet company can become fully reporting in less than 3 years unless they endured the exact same filing requirements of fully reporting companies for 3 years prior to gaining fully reporting status.

There is still another question I posed to you if you whip out your "jaundiced" eye and re-read my post, but I guess we can do this one at a time.

Regards,
Fizzlegig