The non-disclosures were wrong. This is my third company in two years with non disclosures.. It is rife. It is not fatal if the bad press is used to shakeup the Board and change things. The only fix is a change of words for requiring disclosures where it could materially affect price. This should leave less discretion and spell out requirements more. They should be compelled to release any changes to things they have previously used in a promotional way or made public statements on.
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Ann: Update of put option and loan repayment recovery, page-79
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