The Form 8K filed on Feb 1st, 2011 announcing my appointment as a Director of SLMU (Salamon Group) had the following sentence, which my attorney has asked that I bring to the public’s attention:
“The appointment is not yet effective and is subject to all requisite actions, including the filing of an Information Statement Pursuant to Section 14(f) of the Securities Exchange Act of 1934 and Rule 14f-1 thereunder.”
Since the Information Statement has not yet been filed, it must be understood that the appointment is not yet effective. These processes always take time, particularly in the context of all of the legal stuff that must be handled within a reverse merger, so please don’t take this to mean anything more than a lawyer advising me to exercise caution.
Sass
UPDATE:
I’ve received a few comments about this post today from investors and others. Some investors understood perfectly that this was only done to emphasize what an attorney advised me was the true status of affairs. Some took it to mean other things. Again, the dangers and benefits of having an audience are the misperceptions that can be created. I have now put in “bold” font the words that are most critical. Some file forms with the SEC, some blog their info. As far as I am concerned, this topic is closed. My next post will now be about the difference between writing a personal blog and writing a corporate one, and how while the two are related, there measures of prudence a blog writer must take to ensure that his/her brand and that of the company he/she represents are not confused yet always supportive.