We will have to agree to disagree on this. If we were part of pensions and mutual funds like a GE then JUST the fact their are public shares would matter because the SEC is there to protect the public. But with a company on the pink sheets that is not selling shares to the public involved in Ponzi schemes or fraudulent behavior or unregistered broker dealings, etc. The SEC would only hurt the public {common shareholders}. All the idiots on the other board have been trying to get the SEC to see it their way and shut down BLTA trading for the last several years with no success. Again this would only hurt the shareholders. The MOST important solution at this point and best use of money and manpower is to get a deal done. I understand the concern for updating the financials but things have to be prioritized. The mortgage analogy does not work in all cases. I paid cash for last buy. I'm sure the whales will know EVERYTHING before handing over one penny.