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Posted On: 08/11/2021 4:23:38 PM
Post# of 22443
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Re: Puravida19 #20572
You did a great job at deflecting the conversation away from the S1 application. You can laugh, that's fine. I did spend a few hours reading the SEC requirements. The SEC requires finite, specific, detailed information about every aspect of the operation of a company, almost down to how many paper clips it has. The person aspiring to meet all of the requirements must provide, with proof, every aspect of the company's business for the past two years. Then, after providing what the applicant deems to be appropriate, only then will the company be audited by the SEC approved auditor. Then you submit. Once you submit, you are now subject to the SEC rules and regulations. If you provided anything that is not completely honest and transparent you are subject fines and/or penalties, and having your application denied. From what I can tell, the person doing the submission needs to be, completely honest, smart, and even clever. I sincerely hope it goes well. but you can understand my trepidation about this new S1.
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