I haven’t been checking quarterly SEC filings for a while, when did they start listing every individual person’s percent of total purchased? Is there a cutoff point or is my cousin in the list as Person CBHGZF?
I don’t know the rules but anytime one customer is a large amount of your intome/sales !hat is very important to investors and so you better disclose it. investors want to predict the risk it means to you if things go bad. If you have many customers youriprofet reflects the ecconomy, but if you have a few then your profits reflects the business cycle of those customers which may be very different from the whole ecconomy.
They are required to.
I haven’t been checking quarterly SEC filings for a while, when did they start listing every individual person’s percent of total purchased? Is there a cutoff point or is my cousin in the list as Person CBHGZF?
I don’t know the rules but anytime one customer is a large amount of your intome/sales !hat is very important to investors and so you better disclose it. investors want to predict the risk it means to you if things go bad. If you have many customers youriprofet reflects the ecconomy, but if you have a few then your profits reflects the business cycle of those customers which may be very different from the whole ecconomy.
That’s true, the SEC doesn’t require it but that doesn’t mean they can’t be sued by shareholders.