I agree we don't know if there is or will be an in
Post# of 45510
I agree we don't know if there is or will be an investigation into anything. However, we do know there is at least a perceived investigation according to one of the senior officers.
Will the SEC find this complaint worthy amongst all the other pinky reports? I don't know, I'll take your word for it that they cater to the big boards, but how often do they get a complaint from within the company? Would that get a certain priority?
So why on Earth would JC not go through the corporate attorney before going to the SEC? That attorney represents the company not SS nor JC. Wouldn't that attorney also have been the one that drafted the contracts for the purchase? He would make recommendations to Steve in the best interest of the company if he wasn't complying. Maybe JC did and the corporate attorney wasn't in agreement with JC's interpretation. Hence his next option of the SEC.
This should be a legal issue not an SEC issue, which makes me think JC's case isn't very strong. Again we don't know what JC is claiming.
I'm glad you're around Ann1 to help think this through! And it's very telling by this board that we have a lot of support for PNCH.