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.
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.