CORRECTED POST: I spoke with the SEC. I must say it is a nightmare trying to get any kind of information out of them. There defently not out to protect investors.
I spoke with a gentleman named Jim Investors Relations and One of my question was. Can the company GVRP print shares to cover the mess made by an insider selling stock prematurely. He went to say the SEC does not comment on companies.
The I went to say can a company if they made a short themselfs print shares to cover their short.
He then went to say. A COMPANY CAN ISSUE SHARES AS LONG AS THEY MAKE IT PUBLIC MEANING PUT IT IN A PR FOR THE PEOPLE. I was shocked to hear that.
Any comments on this matter would be greatly apriciated.
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