Dave: SEC doesn't need to be at the meeting, they just need to follow the company statements and take action based on the pervasive trail of deceit.
Re: "Restrictions"
I seem to recall, there may be a two(2) year restriction for shares, issued to officers, of new securities. Of course, if this is the fact here, it only applies to folks who play by the rules. Sorry I don't have the references, at hand, to clarify this belief. Hopefully, someone else can elaborate on this point.
Here is part of an answer: nasdaq.com
Notice how a two year restriction, from original issuance, would neatly coincide(+/-) with the significant balloon payment now, reportedly due on the Myriad deal. Things could get "interesting", as the Chinese curse says, IMHO. |
