Wasn't this about the time Elizondo's pre-recorded presentation was supposed to begin at the UFO Congress?
I believe there are 3 options:
1) He doesn't reveal anything new -> crowd will be disappointed, he took another hit on credibility for nothing.
2) He reveals something new, and that will be revealed at the same time on the TTSA site -> something should happen soon.
3) He reveals something new, but only there -> there goes their excuse of not being able to answer to questions because of SEC rules, if they can reveal something significant for that limited audience before the shareholders.
Actually, is number 3 and that excuse valid even now? Isn't it so that the investment transactions are finalized only in September or so, so technically those investors aren't even shareholders yet?
Does anybody know what sort of rules SEC actually has for companies in that stage? I mean rules that would limit the kind of information the company can give to those who ask.
I believe there are 3 options:
1) He doesn't reveal anything new -> crowd will be disappointed, he took another hit on credibility for nothing.
2) He reveals something new, and that will be revealed at the same time on the TTSA site -> something should happen soon.
3) He reveals something new, but only there -> there goes their excuse of not being able to answer to questions because of SEC rules, if they can reveal something significant for that limited audience before the shareholders.
Actually, is number 3 and that excuse valid even now? Isn't it so that the investment transactions are finalized only in September or so, so technically those investors aren't even shareholders yet?
Does anybody know what sort of rules SEC actually has for companies in that stage? I mean rules that would limit the kind of information the company can give to those who ask.
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