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Originally posted by ChinaSyndrome:
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There is such a thing as full and timely disclosure. Once the FS has been delivered to Tim, he is duty bound to release it to the Market.Shareholders.Federal regulations require the disclosure of all relevant financial information by publicly-listed companies. In addition to financial data, companies are required to reveal their analysis of their strengths, weaknesses, opportunities, and threats. Substantive changes to their financial outlooks must be released in a timely fashion.
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