To follow up on this point: “ The quiet period.
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Posted On: 04/11/2021 8:44:30 PM
To follow up on this point:
“ The quiet period. Looks like negenerex filed their S1 in Sept 2020. Technically theyve been in the quiet period for about 7 months and counting. Still waiting (or are they) to go effective.
To look at the dark side of things, filing that S1 way back in Sept allows the ceo to skirt all questions using the quiet period as the reason. Could this possibly have been the plan all along? “
If the S1s are filed and pricing / share count is not included and an S1a is required for them to become effective then they could literally be in a quiet period for years and Mgmt could hide behind that and not be lying, just not being completely transparent.
Very valid point you made.
Read More: https://investorshangout.com/post/view?id=610...z6rmGKyif3
“ The quiet period. Looks like negenerex filed their S1 in Sept 2020. Technically theyve been in the quiet period for about 7 months and counting. Still waiting (or are they) to go effective.
To look at the dark side of things, filing that S1 way back in Sept allows the ceo to skirt all questions using the quiet period as the reason. Could this possibly have been the plan all along? “
If the S1s are filed and pricing / share count is not included and an S1a is required for them to become effective then they could literally be in a quiet period for years and Mgmt could hide behind that and not be lying, just not being completely transparent.
Very valid point you made.
Read More: https://investorshangout.com/post/view?id=610...z6rmGKyif3
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