News Focus
News Focus
icon url

peregr

10/26/23 9:56 AM

#40869 RE: OneDay4488 #40868

I just looked at the bylaws of the corporation and there is no fiduciary responsibility to provide paid in capital to fund a 10Q filing. But I think you knew that. You'll be the first one to post if an insider gets hold of the company's shares with a minor cash infusion-which would then get SEC filings up to date. There is no responsibility for current shareholders to basically do a crowdfunding to pay auditors-who by the way would just give it a non going concern opinion. That accomplishes nothing for us.
Now if you are asking if we would like additional information, that's valid. We'll get an update on CMML in a few weeks and that might give us some insight where the Company is headed.

Cam has the lifeboat, flashlight and compass and is fighting off the sharks.

I'm staying with him.
icon url

TankTheFrank

10/26/23 9:59 AM

#40870 RE: OneDay4488 #40868

I think Yooo are missing the idea that stocks have an inherent fiscal risk associated with them. I think it's important to remember that buying stocks is investing in a company and not a guarantee of returns/dividends if a company is not being successful. Yooo dont determine the obligations of a company and the associated insiders. Those are set by laws and regulations which are passed by congressional authority, enforced by the SEC, and arbitrated by the courts. Bring a suit against them if you think they violated a regulation.
icon url

TankTheFrank

10/26/23 10:10 AM

#40873 RE: OneDay4488 #40868

So using a gambling craps analogy. If we were all betting pass line and I had additonal placed bets odds on numbers and a few of my numbers hit and I win money. I choose then pull down all my odds bets money + the winnings to hedge my bet while my pass line is still active because that can't be pulled and the roller seven outs. I owe you money because I decided to pull my money when I was ahead and go conservatively for a few rolls?