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Originally posted by Mr.Fiction
It seems like it should be a violation of some SEC rule to lie to investors.
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It's not only against SEC to lie - but also to purposely not report significant issues which may affect the company.
If I was an investor - I would feel cheated that Homegrown's Litigation was not fully disclosed during the last 3rd Quarter "conference call" when they were asked specifically about "litigation issues" and the reply was "....[pause] NO - real litigation issues to speak of" - or something close.
This stunk from the beggining and it's rot is seeping out slowly - but will seep out none the less. Just keep the pressure on.