The withholding of information that has a material effect, impacting the value of a stock, from either a positive or detrimantal position, is required to be dislosed immediately.

Fact: The closing of the Private Placement in the new company, Falcon Australia, was on July 31, 2010.

Fact: To date there has been no statement of material change that reflects the current position of Falcon Oil and Gas Ltd., and the current holdings in that asset since the placement was closed.

anyone interested in a class action suit?

spazz