Here are the facts, a nnlx long who uses Fidelity
Post# of 9144
(Total Views: 515)
Posted On: 06/29/2021 10:55:50 AM
Here are the facts, a nnlx long who uses Fidelity as his brokerage asked his broker about NNLX's flag and inability on their part to accept NNLX stock certificates.
The answer is Nanologix does not file financials.
The shareholder asked the broker is filing financials a complex thing and the the broker said that's the confusing thing ,a simple unaudited financial statement can usually do the trick.
He also said that logically they do not understood why these few companies do not file the necessary financial information needed. Of course Nanologix has told me differently that it is a strenuous task.
The broker said they didn't have a problem with the requirements because it protected their clients.
The question is why didn't Nanologix feel the same way.
Maybe requirements are different now but if you have a company you believe in and you value your shareholders then you do what you have to do.
I believe the brokerages because they know they rely on their customers.
By the way I haven't found a brokerage firm that would take any amount of new money to accept a Nanologix stock certificate. I have friends that will tell you the same thing.
IMO, there is nothing voluntary about this, it is a requirement.
Am I and my friends and family the only ones that did not understand Bret's statement in regards to this?
All in my opinion only.
GLTAL
The answer is Nanologix does not file financials.
The shareholder asked the broker is filing financials a complex thing and the the broker said that's the confusing thing ,a simple unaudited financial statement can usually do the trick.
He also said that logically they do not understood why these few companies do not file the necessary financial information needed. Of course Nanologix has told me differently that it is a strenuous task.
The broker said they didn't have a problem with the requirements because it protected their clients.
The question is why didn't Nanologix feel the same way.
Maybe requirements are different now but if you have a company you believe in and you value your shareholders then you do what you have to do.
I believe the brokerages because they know they rely on their customers.
By the way I haven't found a brokerage firm that would take any amount of new money to accept a Nanologix stock certificate. I have friends that will tell you the same thing.
IMO, there is nothing voluntary about this, it is a requirement.
Am I and my friends and family the only ones that did not understand Bret's statement in regards to this?
All in my opinion only.
GLTAL
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