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Eli's Gone

12/08/21 12:43 PM

#196712 RE: moe_the_gyp01 #196711

Penny stock issuers have zero safe harbor protection for forward looking statements---no idea why junk companies even attach them :-)

https://www.law.cornell.edu/uscode/text/15/78u-5

https://securities-law-blog.com/2019/09/03/forward-looking-statements-disclaimers/

Howard Roark

12/08/21 3:16 PM

#196727 RE: moe_the_gyp01 #196711

Since when can any kind of forward looking disclaimer absolve a company of outright lying to shareholders? Because they have said multiple times that the transactions are final and irretractable.