Replies to post #11159 on Nexus Energy Services Inc (IBGR)

[surfguy]

Bucks, it doesn't look to me that PHAR is a full SEC reporting company. It cannot put out 10Q's and 8K's unless the company has met all the SEC reporting requirements including audits of operations from prior years. I would hope that Howard would go through the process of becoming a SEC reporting company for obvious reasons.

[cheyenne1]

I know about the tired feeling. Its the 10q repitition of these past Financials and reporting of name changes on 10q.. They can really add any company information, no set rule as my understanding.If this specifically is not required, my ? is why stink up Qtr filing

The 10k i understand maybe more financial comparison but still Company History requirments does not have to include these implicit details.
Its tricky subject but Etrade said it is not required. Present qtr compared to previous qtr if thats your new ticker existance of operation. Prior if PHAR didnt exist even if basically when it boils down to it just a name change, its not required. Go on up on higher boards ,Thats a whole new game with prior disclosures. Now thats only from what ive researched and told by someone that should know.

I can say this for sure, At no time ever , has this baggage of past been told it will follow us in regard to the all important QTR filings. Always been referenced that this is a new company with zero ties to BMGI. Or maybe i missed that info somehow. I sure hope its NOT the case.

But you might be exactly right that this is flat out just a name change then IMO they spent a lot of money to tote this baggage in the loss of new investors and such a struggle to get PPS any where close to where it should be. Its really as well going to cost them for many months to come IMO. So much good hard work and potiential for this to follow them.

Get some rest my friend