Koos opted not to release a PR because that costs money and money is something the company doesn't have a lot of and what it does have has to be use very carefully. Now, he might release one this week but again, it is a cost he doesn't need to indulge in. Koos has never been about the shareholders. It's been about how he can sustain his way of life via the milking of running an OTC company.
Not all OTC filings are created equal. Regen reports to a higher standard. When each annual is audited by an SEC approved auditing firm(Regens being BF Borgers) and each subsequent quarter is reviewed: there is no need for an attorney letter. That is for financials that are not audited and are not SEC filers. Thats More like paper napkin filers. Or the OTCM group proudly titles it “Alternative Reporting”
Alternative Reporting has long been the laughing standard of the world. When will the SEC figure it out? Are they meant to?
Alternative Reporting would be better called Creative Reporting.
Sorry for the rant. Not a fan. You either make reporting standards of the SEC or you have no business being a public company. How thats viewed as too harsh is beyond me.
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