News Focus
News Focus
icon url

diamondguru-one

09/01/08 5:15 PM

#49379 RE: diamondguru-one #49378

i guess will see who WINS in this TRADING GAME......I'm in FFGO's CORNER.....and not leaving til pennies...jmo GOOO FFGO
icon url

pontalba

09/01/08 5:21 PM

#49385 RE: diamondguru-one #49378

gee, guru, i guess he filed those audited financials too.
icon url

Hunter6110

09/01/08 5:22 PM

#49386 RE: diamondguru-one #49378

But the sad factr is many many of these pinky CEO say all kinds of things in filings (you think the SEC reads each and every one they get) that never come to pass.....The SEC does not look into these things as much as they should, only when they recive enough complaints then they look into them and by that time it's to late.
icon url

Investorman

09/01/08 5:47 PM

#49393 RE: diamondguru-one #49378

An 8k is not apporoved by the SEC. It is supposed to be used to report material events by the company but this one thinks it is for releasing PRs. Any company can put anything they want in an 8k filing. The SEC does not review them.

Now if FFGO were to put something in a 10k filing you would have something to rely on since those must be audited and are subject to Sarbanes Oxley. But, of course, FFGO will never make a 10k filing and subject themselves to the associated penalities for false filings.