* a remark Brenda Hamilton made to the SEC about 10 years ago.
Back then, the SEC was modifying its rules about companies being required to
a) give current and potential investors notice of company activity and
b) file those notices with the SEC.
Hamilton was OK with that in principle, on matters of major importance.
However, Hamiltonobserved that the filing of notice requirement could be taken too far, requiring companies to submit to the SEC in advance every potential Twitter and Facebook update.
Their context suggests that the words of value from Hamilton's SEC letter were about Facebook and Twitter advertisements:
"... updates to a Facebook page, or even to very brief Twitter notices [are] intended to keep interested readers current with the company's activities.
In order to stimulate interest, these kinds of communications must be constant."
It's normal for companies to advertise to attract customers.
Although we can question whether mere Facebook posts are enough, their use was sufficiently normalized back then to warrant her objection for a company to have to notify the SEC before each one.
But take note of the additional meaning, that Facebook posts"keep interested readers current with the company's activities."
Nixonhasn't issued any PRs in a long time, and his last interview with the Denver Post is now quite stale (and inaccurate, since he is NOT opened in Takiza Taco places yet); but these Facebook postsdo let whomever know that his companies are [allegedly] alive and well.
Since Oct 20,2023 (for Illegal Burger; Oct 21, 2023 for Kalaka), there has been a noticeable increase in Facebook postings.
WCVC - Form S-1 Registration, Filing and Requirements, Form S-1 and Going Public Lawyers
Form S-1 registration statements can be used by existing public companies or companies in connection with a direct public offering as part of a public transaction.
Regardless of whether the company is public or private, Form S-1 can be used to register various types of transactions, including:
Initial Public Offering (“IPO) which is an offering of an issuer’s securities through an underwriter.
Direct Public Offering (“DPO”) which is an offering of an issuer’s securities without an underwriter.
Resale Registration or Selling Stockholder Offering which is an offering registered on behalf of stockholders who already hold shares of the issuer.
Form S-1 registration statements can be used by existing public companies or companies in connection with a direct public offering as part of a public transaction.
Regardless of whether the company is public or private, Form S-1 can be used to register various types of transactions, including:
Initial Public Offering (“IPO) which is an offering of an issuer’s securities through an underwriter.
Direct Public Offering (“DPO”) which is an offering of an issuer’s securities without an underwriter.
Resale Registration or Selling Stockholder Offering which is an offering registered on behalf of stockholders who already hold shares of the issuer.