(Total Views: 138)
Posted On: 05/17/2024 3:18:19 PM
Post# of 13778
Re: Wallstreet1234 #8053
Serious advantage Ceo, shareholders are severe disadvantaged
Clearly a ceo decision not to file the 2023 10-K before not filing 2024 Q1 10-Q.
The most problematic of all is the lack of transparency in the best interest of the shareholders, also known as a fiduciary obligation of a ceo of a publicly traded company.
SEC violations are now adding up with 2 consecutive NO filings and not even a late filing extension request for its 10-Q due on May 15th/16th. If anyone disagrees with the fact that these recent occurrences, aside from 4000:1 damage to shareholders, puts shareholders at a huge disadvantage, being in the dark for 7 straight months, other than photoshopped images published on a corporate social media page, please explain why you disagree. Please, no excuses using message board posts due diligence inquiries, where no contract or agreements, in place, due to the company’s history of Promos for numerous projects, touting hundreds of millions in projected revenue, that never came close to happening, despite claims of funding identified, in permitting stage, shovel ready, 720mw LOI, purchased property, subsidiaries labeled solar panel brand being manufactured, waiting on final piece for funding, AND of course finding out the ceo’s side company set up secret revealed by the due diligence team attempting to protect shareholders interest.
in my opinion
cheers
Clearly a ceo decision not to file the 2023 10-K before not filing 2024 Q1 10-Q.
The most problematic of all is the lack of transparency in the best interest of the shareholders, also known as a fiduciary obligation of a ceo of a publicly traded company.
SEC violations are now adding up with 2 consecutive NO filings and not even a late filing extension request for its 10-Q due on May 15th/16th. If anyone disagrees with the fact that these recent occurrences, aside from 4000:1 damage to shareholders, puts shareholders at a huge disadvantage, being in the dark for 7 straight months, other than photoshopped images published on a corporate social media page, please explain why you disagree. Please, no excuses using message board posts due diligence inquiries, where no contract or agreements, in place, due to the company’s history of Promos for numerous projects, touting hundreds of millions in projected revenue, that never came close to happening, despite claims of funding identified, in permitting stage, shovel ready, 720mw LOI, purchased property, subsidiaries labeled solar panel brand being manufactured, waiting on final piece for funding, AND of course finding out the ceo’s side company set up secret revealed by the due diligence team attempting to protect shareholders interest.
in my opinion
cheers
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