Post
Topic
Board Securities
Re: [HAVELOCK] Mintspare (MS) Bitcoin Electronic Trade-in Service - Official Thread
by
zevtiefenbach
on 09/05/2014, 15:59:24 UTC
Just to be very clear. Last contact from MS was February 28th.

First financial statements were promised for beginning of March and then every month thereafter. Furthermore, there was a promise from MS to post their wallet address.

I think we're getting to the point of a material default on an investor covenant.

What happens when a company on public exchange doesn't feel their reports? They are de-listed. The public needs to know what's going on. Otherwise, the insiders who are in "constant contact" with the company are in an unfairly privileged situation. . .

I think based on the failure of the company to report anything at all about their operations, it becomes the duty of the exchange to disclose what they know.