Another thing I have held back from responding to
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Posted On: 10/29/2021 9:02:51 AM
Another thing I have held back from responding to on the ihub board is the issue of an 8k that keeps getting brought up by the resident conspiracy theorist over there.
Energy 1 stopped being an SEC filer in 2009. The new owners disclosed the purchase of the shell through 2 press releases in addition to the quarterly report for the period ending 6/30. This is all that is necessary under the Alternative Reporting Standard. An 8k is not required.
This moron, let's call him "Mr. Logic," can't figure this out and I'm not going to tell him.
Lazar filed 8k's for all his shells upon being granted custodianship even though this was really only required for the SEC filers. It was his option to do so for all the others.
Now if China Yicheng Technology Group (going to start referring to them as CYTG even though the ticker is still EGOC and I don't know what the new ticker will be) wants to go to the NASDAQ they will need to be an SEC filer and then material events will require 8k's as well as audited 10k's. I believe this is why they have hired an accounting firm, who signed off on the financials we got last month. Otherwise the CEO could have just done that.
A lot of moving parts here. That's why I remain patient.
Energy 1 stopped being an SEC filer in 2009. The new owners disclosed the purchase of the shell through 2 press releases in addition to the quarterly report for the period ending 6/30. This is all that is necessary under the Alternative Reporting Standard. An 8k is not required.
This moron, let's call him "Mr. Logic," can't figure this out and I'm not going to tell him.
Lazar filed 8k's for all his shells upon being granted custodianship even though this was really only required for the SEC filers. It was his option to do so for all the others.
Now if China Yicheng Technology Group (going to start referring to them as CYTG even though the ticker is still EGOC and I don't know what the new ticker will be) wants to go to the NASDAQ they will need to be an SEC filer and then material events will require 8k's as well as audited 10k's. I believe this is why they have hired an accounting firm, who signed off on the financials we got last month. Otherwise the CEO could have just done that.
A lot of moving parts here. That's why I remain patient.
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