Well well, I see the UILT (unmasked idiot lying troll) had some posts deleted by his arch nemesis (mask_lpx_ipx) and he then deleted his responses! What a putz he is!
Well I don't need to use a phony alias to point out what is obvious. lpx was right about mask's post! Mask admits that he provides misleading statements to paid shills.
This is exactly what he said in the post to which I am responding:
" I PROVIDE THE PAID SHILLS MISLEADING POSTS" (emphasis added). I can't imagine he gets paid a lot for that work but I can certainly believe that is what he does. He is an expert at providing misleading statements and he does it all the time. E.g. his inane insistence that stage 2 qualification and other similar events are "material events". He quotes general statements about what a "reasonable investor" would expect, but the funny thing is that statement is NOT IN THE A8-K INSTRUCTIONS. Instead the 8-k instructions define exactly what is material and even provide a section for companies to report other information (8.01) they believe may be material... and to cover up his FUBAR position he cites RegFD which only applies in very specific circumstances. One can find via simple searches documents published by the financial industry. (e.g. see Wilmer Hale document search for SEC 8-k instructions.) Then of course he has never responded to the fact that any 8-k must (mandatory..not an option) identify the 8-k section under which the material event is being reported) and for Reg FD that would be 7.01. STI has never filed under that section...NEVER! So Mask, if STI were filing that PR under Reg FD as you would have the world believe then why doesn’t the 8-k's filed by STI reference Section 7.01? (He will never answer this question...just claim nonsense about my posts on this topic.) I've proved so many of his lies and mistakes and he is incapable of admitting any mistake. Just like the paid shill that he is and his cohorts to which he provides "misleading statements"
BWaaaahahahahahaha My little dummy puppet mask is responding exactly as I expected... The poor dummy puppet thinks he is playing me with his nonsense about RegFd without realizing I am using his responses to expose him for the liar and fraud that he is! LOL! LOL! LOL! He is soooooooo predictable...
He reminds me of the "fool"... who finally realized his inane attempts to fool those here were dead in the water.... Well the Lying Troll recognizes the same...but he is to stupid to realize how he is being played....,LOL! LOL! LOL!
Come on my little dummy puppet.... do your thing! LOL! LOL! LOL!
That post is a false and phony today as it was back thing... repeating the same old nonsense like the lying troll does, doesn't make it true. He has ignored everything in RegFD except the clause that stipulates how a material event subject to RegFD (none that he has ever referenced) CAN be made public, but there is nothing in RegFD that indicates that the 8-K doesn't have to be filed per 8-K filing requirements....That's because it is the 8-K that tells the SEC AND the public that a RegFD event occurred. None have ever been filed for STI!
The Lying Troll ignores the facts that:
1) the rules for 8-K take precedence over Reg FD (which is a required section within an 8-K) and anything the NASDAQ has to say.
2) A press release for a RegFD event does not remove the 8-k requirement to report the RegFD event. (none have been filed)
3) RegFD does not apply to anything the LYING TROLL has referenced as a material event he thinks should be reported... it only applies to one thing! Publicisizing an intentiona lor unintentional disclosures of MATERIAL INFORMATION to MEMBERS OF THE INVESTMENT/FINANCIAL COMMUNITY!
4) He is lying in every post and too much of a coward and weasel to admit it! LOL! LOL! LOL!
that you claim have occurred... you did say 8-K (before you changed your story). There isn't any 8-K that has been filed that has anything to do with deliveries, stage-2 qualification or any of the other nonsense you claim are material events... And furthermore, if reporting of what you claim is mandatory (e.g. stage-2 qualification) is mandatory, then why did JQ when asked during a recent CC, indicate that he would probably NOT report the event! If such an event were material, he would have no choice...None...ergo, such an event is NOT MATERIAL as you claim. Remember it is also mandatory that an 8-K cite the section(s) within the 8-k that are the reason for filing the 8-K. RegFD has never been cited by STI for any 8-K in at least the last 5 years (I got tired of looking) and I'm guessing that they never have. Remember, while RegFD allows the material event to be publicized in several ways (e.g. a PR) it doesn't remove the 8-K requirement to file and list RegFD as the reason!!!! So your claims about RegFD are totally false! OF course we all knew that already! LOL! LOL! LOL!
The lying troll is playing his lying contrary game.... So what is he going to say when JQ talks about shipments in January and February... and his stupid (and intentional) statements about Reg FD are really inane. If anybody does any research on RegFD they can see it is all about financially related information not shipment or anything like that. His insistence is in fact proof that he is deliberately lying...as I have stated all along... it is not just stupidity, and there is an element of that, but it is his perfidity. Whether his is paid to post or not is actually irrelevant, but his deliberate lying proves that you cannot trust anything he posts!
So when JQ announces shipments that occurred in the next CC you will drop this nonsense? Not likely...not lying isn't your style. You are compelled to lie with your OCD.
NOte also folks he dropped the nonsense (or didn't respond to my proof) about stage-2 qualifications not being a material event... or that RegFD doesn't apply except under the specific circumstances I cited applies... That's because stage 2 qualifications, or shipping wire samples (which he claimed were "commercial grade" when I only called them "samples") in contradiction with his mantra that STI has shipped commercial grade wire. The LYING TROLL is so confused he doesn't care what he says...as long as it is a lie! LOL! LOL! LOL!
When you do that search I mentioned, you will find a presentation made by GoodwinProctor which discusses Reg FD. Again you will see that I have told the truth and the LYING TROLL lies! LOL! LOL! LOL!
BTW he keeps citing the 8-K section for Reg FD... but has he ever posted it's contents? NO!!!!
Here is exactly what it says... in entirety!
"Unless filed under Item 8.01, disclose under this item only information that the registrant elects to disclose through Form 8-K pursuant to Regulation FD (17 CFR 243.100 through 243.103).
Now take those CFR regulations cited, copy them and paste them in your browser search window. Read what you find (as boring as it may be) and you will see that the LYING TROLL is the real liar!
I will point out that if the information is NOT material that statement the LYING TROLL quotes from the NASDAQ is irrelevant. Again you can be sure he has selectively quoted from the NASDAQ rules because he is citing RegFD without disclosing the limited applicability of the regulation.
The public release about FD is irrelevant and he has not cited the full public release which describes that the regulation was put in place to block a company releasing information to insiders (i.e members of the financial community) from getting information not made available to the public. Of course it won't block companies who want to cheat, but if they are caught then the regulation gives the SEC the ability to levy heavy penalties, and perhaps criminal indictments if the actions are egregious enough.
If the LYING TROLL could be prosecuting for his lies, he would have to serve several life sentences! LOL! LOL! LOL!
No he has not reported anything! He has taken fragments of irrelevant documents that have no applicability and tries to use them support his own lies. RegFD does not apply to the events he cited ...even if they were actually material....which they are not. It only applies in specifically defined cirmcumstances which the LYING TROLL INTENTIONALLY IGNORES... (See me earlier post) Even his made up claims are stupid.
Companies MUST report material events. But if an event is not a material event (which are explicitly defined in the 8-K instructions) then they are not required to file an 8-K. They can announce anything they want via a PR...they don't need RegFD to issue a PR... They can also file an 8-K if they are unsure the event is material (see the outline from my earlier post) but the appropriate 8-k section must be cited.
NASDAQ rules do not supercede the SEC rules ... Tell me how many of you have tried to confirm what the Mask lies about?
Read the instructions for SEC Form 8-K and read RegFD and you will see that the LYING TROLL lies... that's why he is the LYING TROLL.
The mask keeps perpetuating this lie. Really pathetic! But notice all of these posts are there to avoid responding to how I proved his lies about what I supposed said about stage-2 qualification being a material event. (notice he repeated the lie in his only response!) He's obviously OCD and a compulsive liar! LOL! LOL! LOL!
So is something from 7 years ago supposed to be always true? Not at all! After all STI isn't really in the wireless business now either, but that was true back then? And of course the LYING TROLL talks from both sides of his mouth and neither tell the truth... Look below.... he accuses me of losing money on my STI investments and calls me a liar! LOL !LOL! LOL! How can one lose money on a company in which you are not an investor??? This from the Lying troll who lost his tuckus in the r/s in March 2013....and blamed STI for his own stupidity! LOL! LOL !LOL!
Well well, Mask has stupidly revealed another of his aliases (which he claims never to use!!! LOL! LOL! LOL!)
Do a search for the term "floor scraps" and you will see that Mask and action_figure are the only posters who originate a post using that term. You will see some of my posts in that list of 34 and that's because I copy text from them.
The following is a simplified outline of the 8-K sections. Each section has 1 or more subsections and to fit in the allowed Yahoo limits I've eliminated all but a few and kept those most relevant.
Section 1 Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement
Item 1.03 Bankruptcy or Receivership
Item 1.04 Mine Safety - Reporting of Shutdowns and Patterns of Violations
Section 2 Financial Information
Section 3 Securities and Trading Markets
Section 4 Matters Related to Accountants and Financial Statements
Section 5 Corporate Governance and Management
Section 6 Asset-Backed Securities
Section 7 Regulation FD
Item 7.01 Regulation FD Disclosure
Section 8 Other Events
Item 8.01 Other Events (The registrant can use this Item to report events that are not specifically called for by Form 8-K, that the registrant considers to be of importance to security holders.)
Section 9 Financial Statements and Exhibits
Note that Section 8 is the only section (except for RegFD) that can be used for reporting the types of activities that the LYING TROLL claims are "material". If RegFD were the basis then section 7.01 would have to be cited in the 8-K filing and that section would have to disclose the "material" information.
STI has never made any such 8-K filing! NEVER!
Here's another blaast from the past where he claims an 8-k was issued because of announce cable demo wire shipment. Actually the cable demo wire was announced in a PR released the same day the 8-K was filed and due to his readily apparent ignorance he stupidly thought the 8-K as for that..... of course that PR discussed many different highlights, the cable demo wire being just one. However the 8-K was not issued for any of those aspects, but only addressed the financial results which were also in the PR. How do I know this you might ask? Easy go to STI's website and locate the 8-K filing for 11 March 2015 and open the PDF version. Note that there are two papragraphs labeled "item" one of which is 2.02 Results of Operations... and the other is "9.01 Financial statements and exhibits". Under the second they cite the entire PR text, but only the financial statements in the PR are applicable to the filing. Again if you read the instructions for filing 8-K's from the SEC website you will see that none of the other information in the PR is relevant otherwise a different section of the 8-K instructions would also be cited. There is a section in the 8-K instructions for Reg FD events because the regulation allows for an 8-k to be used. Thus a section is needed underwhich to file the 8-K. Here's what that SEC fast answer says about RegFD:
"Fair Disclosure, Regulation FD
Regulation FD addresses the selective disclosure of information by publicly traded companies and other issuers. Regulation FD PROVIDES THAT WHEN AN ISSUER DISCLOSED MATERIAL NONPUBLIC INFORMATION TO CERTAIN INDIVIDUALS OR ENTITIES—GENERALLY SECURITIES MARKET PROFESSIONALS, such as stock analysts, or holders of the issuer's securities who may well trade on the basis of the information—the issuer must make public disclosure of that information. In this way, Regulation FD aims to promote the full and fair disclosure."
If that 8-K filed was due to reg FD then the section for Reg FD would have been cited
I'll ignore the first part of your post because it simply highlights your ignorance. My statement was that of fact, and the ensuing 5+ years of STI process development has proven that. During that same period I cautioned that it could take until 2015 or longer for them to get the process refined for power conductor applications. Gee I guess I was right on that accord also.
Once again the LYING TROLL lies. STI did not indicate their process failed. This is exactly what they said in the PR in January:
"In mid-December, we received feedback and detailed analysis from five customers on the most recent testing of Conductus wire. After synthesizing the test data, we designed and implemented an upgrade to our manufacturing production machine over the holiday break."
No evidence of process failures in that... only that they implemented a process upgrade...perhaps introducing a new step in the process needed for FCL applications which stress the wire to the current dynamics when a fault occurs, but totally irrelevant to other applications. II guess since he has obviously never been involved in manufacturing anything but lies, he can't understand that processes evolve....it's called "process improvement" and it is a resulting of observing and LEARNING what works BEST!
Here's another where he twists my statement of fact (e.g. delivering samples) to a claim that I supposed said -10-20M commercial grade wire". So is he claiming those samples where "commercial grade"? Not likely given the number of posts he's made claiming they can't produce commercial grade wire.
Naw he's just being the liar he is.... Trick question: How does one know when mask is lying????
Answer: whenever he makes a post! LOL! LOL! LOL!
The UILT doesn't understand the difference between a material event which MUST be reported via an 8-K (as in the post of mine he quoted) and what a company can report via a PR. Notice his lie...he claims I stated that "a stage 2 qualification WILL NOT BE REPORTED"...
A company has the option to issue PRs about events and activities (like attending a trade show) but they must issue an 8-k for material events.... the only exception (which mask apparently is dumb enough to claim apply always) is when a company releases information, which might be considered as material, to individuals who are members of the investment community, they are then allowed to publicize that information via a PR, 8-K or other means such as a public announcement at an event. That's known as Regulation FD. The details of that regulation, as well as the instructions for filing 8-K's are on the SEC website and are quite clear. The LYING TROLL mask takes the broadest definition of a material event and tries (pathetically) to make it apply to everything. He also changes his tune when proven wrong... Here's a blast from the past:
" SEC material corporate events reporting
by mask_ipx_spx • Jun 14, 2015 12:37 PM
Do a search on "SEC material corporate events" or "Form 8-K". Getting a stage-2 qualification or an order or just about anything that would have a material impact on the SP WOULD TRIGGER A Form 8-K filing. WHEN STI GOT STAGE-1 PASSED OR SHIPPED WIRE FOR STAGE-2 QUALIFICATION, STI FILED THE REQUIRED 8-K.
The boiler room scamsters (r2d2_n_c3po, etc.) attempt to deflect from this fact."
Note that he states an 8-K is required (not a PR as he later claimed.) And the next lie is the reason he changed to PR's and used the lame excuse of REG FD as the basis when it only applies to a situation when a company has provided information directly to an "insider" aka a member of the financial community. Fact: STI has never filed an 8-K regarding stage -1 or shipping wire for stage-2 qual."
The only dirty disgusting foul mouth here is #$%$.cabeza.johnson. Here has been here for over a decade with more aliases than you can count. And of course he is paid to post just as he accuses calrenwick aka sconroller. While he bashes here he pumps AMSC and others. His alter ego jb0thoo7 is used on pharmaceutical boards. He used to use it a lot here but he introduced his #$%$ alias here. Easy to recognize with his obscene references.