Are privately held companies required to file with
Post# of 22453
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Are privately held companies required to file with the SEC?
Frankly, the reporting requirements for private companies vary based on the agreements set in place by stakeholders. However, the SEC requires a private company to file financial reports when it has amassed more than 500 common shareholders and $10 million in assets[/quote]
So I would believe no.
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Since QMC is no longer a reporting company to the SEC, would QMC be required to submit an 8k filing, if in fact Pasaca removed themselves from their partnership with QMC?