It has to be worrisome for management. Nader has l
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Posted On: 07/31/2021 1:37:35 AM
It has to be worrisome for management. Nader has lied when making recent statements: In the Proactive video about patents when he said there were 100M shares left to be issued and when he said in April that the 50M financing was a result of the most brilliant minds on Wall Street doing their due diligence and deciding to invest in the company. I believe he also said recently that they have enough money to last until the end of the year, which doesn't seem likely.
However, the truth about all of that could be found or inferred by reading the SEC filings, which contained the correct information. So, not being an attorney, I don't know if he's in any jeopardy for saying something untrue in promotional videos when the correct info could have easily been found by reading filings.
The DOJ and SEC could have other things they are looking at as well because the 10K addresses comments made about being a covid treatment but whether it leads to some enforcement action or just disappears is something we'll have to wait and see.
However, the truth about all of that could be found or inferred by reading the SEC filings, which contained the correct information. So, not being an attorney, I don't know if he's in any jeopardy for saying something untrue in promotional videos when the correct info could have easily been found by reading filings.
The DOJ and SEC could have other things they are looking at as well because the 10K addresses comments made about being a covid treatment but whether it leads to some enforcement action or just disappears is something we'll have to wait and see.
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