Information is being found that is in my opinion critical to decision making for my investments, and I dare say critical to many others.
Why is it that we are not told of this information? Why is it that MST is not releasing this information to share holders? Are we all meant to be expert researchers to find out what TR Level we are at?
Yet more important documents submitted to the US Office of Naval Research by MST.
Found and Released to market by Lord Adder!
These documents go on to explain Technology Readiness (TR) levels. TR levels are crucial stages of development for the weapons that MST is hoping to sell, yet the company has failed to announce to market that these actual levels have been reached or the very nature of the testing. This was at a crucial time for the company and consequently, was as the company was raising capital some of it from a major shareholder.
Considering the technical nature of the company and the fact that there is often discussions on public forums questioning these very levels, with I might add rumors and speculation about these levels(CJS's question If MAUL is at TRL 6 wonder where 3GL is at?). It is in my opinion the company's duty to release information that they have in a timely matter, so that all share holders, (potential and actual) can make informed decisions about their investments and discuss these facts with relevant experts in investing.
This withholding of information about testing and readiness has disadvantaged many shareholders including myself personally. If the fact that the company had in its opinion reached these levels and the location of these documents produced by MST had been released to market, before the finance was sought by the company, some of it from selected shareholders, the information would have affected the share price. This would have been beneficial to the majority of share holders not just one or two.
Just as an announcement was made without critical information being made available, to (I believe) increase the price. I believe that this information was also withheld to in fact suppress the price.
The information was submitted by MST and marked Distribution - Unclassified /Unlimited. Yet the company does not make the information available to market.
This also brings about the question of whether the company has been adhering to the rules of continuous disclosure further into the past.
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