MCree1
Nov 13, 8:15 PM
$MOBX @MobixLabs I don't give a single shit about the 'legality' loopholes of SEC filings. Over time, enough action transpires to form a pattern; and that pattern is fraud. At some point, I pray some authoritative agency has the initiative to go after people like this and form a new basis of what constitutes 'legal' in their dealings. Yes, there is always risk, extremely high risk, in dealing with microcap stocks. However, at some point, enough has to be enough. The SEC had the balls to go after Enron, WorldCom, etc. back in the 90's and created wholly new internal control requirements for publicly traded companies. Well, it's way past time to have another look, and place some stringent requirements on the financing actions and abilities of public companies again.
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