4 ms·
Right, it is strongly in your best interests to be as pessimistic as possible in your disclosures. Even if you expect to turn a profit next year, the market is
by schneidmaster 7y ago
Right, it is strongly in your best interests to be as pessimistic as possible in your disclosures. Even if you expect to turn a profit next year, the market is finicky, and if you don't meet your projections then absent these sorts of S1 disclosures you open yourself to legal liability for misleading investors.