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Message: Re: The likelihood
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Dec 20, 2012 02:50PM

So let me get this straight--the SEC can require companies such as Edig to declare and file any material event that involves the company, but they do not have to declare the most important aspect of the material event, the amount of money that is involved until months later? "Oh, we signed a deal with xyz company, we let them off the hook for $1"--or "oh we signed a deal with xyz company, they will be paying us $1 million per year for the next ten years". What's the point of a regulatory body saying something needs to be filed, if the filer gets to divugle only the parts of the facts that they want to?

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