When you posted your comments on S-8, I understood your point. But let's say for a minute that there is a mastermind NSS'ng SRGE and temporarily exempt from making SEC's FTD list, that at some point they have to deliver and that SRGE is going to assist in that regard.
If the Company were going to deal behind its shareholders' backs, why would they use the S-8 vehicle when they can take advantage of Reg D and use what they have on shelf? S-8 seems like too much work to help someone whose been hurting the company/shareholders for months, no?
It's my opinion that SRGE management is actually after the mastermind whose been NSS'ng the stock.
On a grander scheme, I do agree with your comment about money. Facts, reality and etc., are sort of secondary to the interests of all stakeholders involved, hence even SROs and SEC consider <opinions> of market participants and form policies that are more utilitarian--or to be more precise, in favor of those who pay back more $$ in forms of taxes, bailout $$ and the like. This is why rules on NSS/SS are fairly loose and a bit wishy washy, imo. I mean, why does NSS need to be qualified as "abusive" for example? Selling stuff you don't own with the intention to never return is simply theft. There is no way to spin this otherwise.
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