As I stated before: Measured by the same moral and doctrinal standards they impose on its members, there is simply no proper justification to holding on to the "Sister Companies'" shares. Ignorance of their possession is not an excuse because, as a majority share-holder, the WT Society has received no less than
52 SEC filing
copies plus -at least- 60
official news releases by REGI
updating them on their company's progress. And this is in addition to the thousands of financial reports, memos and other internal correspondence required to operate such corporations for more than
16 years.
It will be interesting to follow the SEC filings and internal trading reports to see how this was "fixed". But I am not surprised by this denial, that seems to be their default strategy for most problems borne public. Declining responsibility is a pathetic attempt to represent any truth.
Gerry
Edited by - Gerard on 26 November 2002 16:49:12
Edited by - Gerard on 26 November 2002 16:51:43