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Posted On: 07/25/2017 9:04:40 PM
Post# of 3333
Re: PennyStockin #3161
Your question would be, "Anyone know if Alternative Reporting/Pink Current stocks are allowed to buyback their own shares without announcing it??"
SEC filing stocks are required to announce this in an 8K. ICNB technically does not have to, but it would be sketchy at best if they did not announce it first. Are you asking because the share structure changed?
OTC markets recommend disclosing these things:
http://www.otcmarkets.com/learn/otc-company-reporting
The last SEC filing for ICNB was way back on May 21, 2015.
SEC filing stocks are required to announce this in an 8K. ICNB technically does not have to, but it would be sketchy at best if they did not announce it first. Are you asking because the share structure changed?
Quote:
Alternative Reporting Standard: When SEC registration is not required, companies must generally still make information publicly available pursuant to Federal securities laws, including Rule 10b-5 under the Exchange Act and pursuant Rule 144(c)(2) under the Securities Act. OTC Markets Group offers the Alternative Reporting Standard for companies who choose to make material information publicly available to investors
OTC markets recommend disclosing these things:
Quote:
Material corporate events include:
• Entry or Termination of a Material Definitive Agreement
• Completion of Acquisition or Disposition of Assets, Including but not Limited to mergers
• Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of an Issuer
• Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
• Costs Associated with Exit or Disposal Activities
• Material Impairments
• Sales of Equity Securities
• Material Modification to Rights of Security Holders
• Changes in Issuer's Certifying Accountant
• Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
• Changes in Control of Issuer
• Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
• Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
• Amendments to the Issuer's Code of Ethics, or Waiver of a Provision of the Code of Ethics
• Other events the issuer considers to be of importance
http://www.otcmarkets.com/learn/otc-company-reporting
The last SEC filing for ICNB was way back on May 21, 2015.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
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The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
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