SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: aleta who wrote (623)2/17/1998 8:56:00 PM
From: TraderGreg  Read Replies (2) of 18444
 
Not that Mike can't speak for himself, but the fact of the matter is this, filing a Form 10 ain't rocket science. Any garage schlock operation can put together a Form 10 filing. So, the following question is begged and begged strenuously: Why wouldn't a company file a 10?

Perhaps they have something to hide? Perhaps the share #s are a bit higher than the core investors believe them to be? Perhaps the financials are a bit worse than the core investors believe them to be?

It's really amazing. Why is it that stonewalling continues? Whether or not the above is true, failure to file a 10 conveys the PERCEPTION that there is a problem. And why wouldn't any company want to clear up improper perceptions? Perhaps because they are factual?

Just once I would like to see a company come out and say: " We have no news to report because there is no good news to report." or "We are doing a reverse split,1 for 50, because our stock won't ever move because we don't have fundamentals. And sure, once we do the reverse, the stock price will still tank. But that's not why we're doing the reverse. The reverse allows us to issue more shares up to the amount originally authorized..."

That openness would be so refreshing that, using reverse psychology, it might actually stimulate buying.

TG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News