News Focus
News Focus
icon url

DJ Ponder

05/25/21 4:08 PM

#128297 RE: Moving On #128292

Company officers and insiders are quite often undeservingly made out to be saints as a result of paid stock promotions.

First people are attacked.(Strickland etc.) Then when they resign or leave their replacements are attacked. Or we hear that people with no shares who are not officers of the company are still "running things."


Pointing out who and what these people are and why is not attacking anyone, nor should it be labeled as attacking.
Its providing balance to the discussion. PEROD.


icon url

work-n-hard

05/25/21 4:10 PM

#128298 RE: Moving On #128292

Why would they file a form for a material change in the holdings of company insiders?
icon url

rawman

05/25/21 6:13 PM

#128308 RE: Moving On #128292

They did a PR and if they were SEC reporting they would have filed a Form 4.


SEC FORM 4??? WHY? An SEC Form 4 is used by those who are Company "affiliates" or 5% holders and already have SPRV shares in their portfolio. Who would file the Form 4???

Any company can distribute a fluff-laden PR, including SEC Registrants, but the OTC Markets' answer to an SEC Form 8-K is posting a Supplemental Information Disclosure, not a PR!

To avoid the flourish of bogus speculation a Supplemental Information Disclosure SHOULD include the terms and conditions underlying the building acquisition and merger agreement. Want transparency??? A copy of any and all agreements should be posted to OTC Markets!

Interestingly, SPRV itself has NEVER ONCE DISCLOSED the acquired building's actual address! WHY??? WHAT'S SO SECRET???

IT IS MORE THAN DISCONCERTING, WHEN A COMPANY CHOOSES TO HIDE THIS IMPORTANT INFORMATION FROM THE INVESTORS!!!