GREY:ABGFF - Post by User
Comment by
Barruchon Sep 26, 2002 7:40pm
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Post# 5466141
RE: website under construction
RE: website under construction Shawshank, officers and directors are the insiders along with anyone having control of 10% or more of the shares outstanding.
They do not have to register their intent to sell. They are required to notify the securities commission of a purchase or sale within thirty days after the transaction. Registering intentions is an American S.E.C. rule.
If potential investors aren't capable of understanding financial statements maybe they shouldn't be investing. The average person should be able to learn some basic accounting principles.
It is more than enough to reference investors to online filings for those that are willing to do a little D.D. on their own.
Again it is simply a waste of management's time and money to issue monthly reports if there is no significant developments since the last press release.
Yes NGT has been hyping, promoting, and telling their "story" and yet no gold production. I too could show you a good time with the amount they've spent.
If you don't have any faith in this company, why did you invest?
Barruch