OTCPK:KATFF - Post by User
Comment by
topdopon Oct 03, 2018 9:28am
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Post# 28736073
RE:RE:RE:Blackrock....
RE:RE:RE:Blackrock....
In Canada, we have SEDI. (System for Electronic Disclosures by Insiders).
Anyone with an internet connection can look up Insider filings for any Canadian listed Issuer (stock).
Read these legal requirements from the SEDI website:
Who or what is an insider?: The term insider generally includes a director or senior officer of a reporting issuer or a person or a company that has beneficial ownership or control or direction over more than 10% of the voting rights attached to all outstanding voting securities of an issuer. For more information, you should refer to the applicable securities legislation of the appropriate jurisdiction(s).
*** note 10% hurdle ***
When do I file insider reports? In most jurisdictions, the deadline is 5 calendar days from the date of the transaction or of becoming an insider. See your legal counsel or refer to National Instrument 55-104.
*** note 5 days ***
When must I file an amended insider profile in SEDI? You must file an amended insider profile in SEDI format if there are one or more of the following changes within 10 calendar days after the occurrence of such a change: a change in your name; a change in your relationship to a SEDI issuer; or if you cease to be an insider. For a change in any other information disclosed in your insider profile, you must file an amended insider profile the next time you file an insider report on SEDI.
*** note Insider needs to amend filing "IF YOU CEASE TO BE AN INSIDER ***
I suggest folks ignore Bloomberg and/or ANYTHING ELSE THAT IS NOT SEDI.
These are my views only. Thanks for reading.