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Crimson Nurple

04/14/10 11:11 AM

#27481 RE: ap223 #27480

I think investors must be trying to force their hand on disclosing the details of the Lockheed Martin deal.

quietlurker

04/14/10 11:12 AM

#27482 RE: ap223 #27480

Eh - you need lawyers for everything, but it looks like they got a fairly inexpensive lawyer given his pdf...

variant2

04/14/10 12:08 PM

#27484 RE: ap223 #27480

VTSI terminated their registration with the SEC back in June 2008 and since, have been an alternative reporting company buy using the services of Pinksheets.com to keep their ratings "current".

Since Pinksheets does not enforce any laws, the corporations are required to get an attorney review letter on all disclosure, quarterly and annual reports. By doing so, any purposely misleading or false information could be used by shareholders to file a complaint with the SEC since they're not considered to be forward looking statements.