Jul. 23, 2026
To the Securities and Exchange Commission: The problem is not company have to report quarterly reports the problem now is companies under 1 billion market cap their financial statments are not audited to be true by a registered accountant firm or bank. that they have actual amounts of money in the bank, and actual number employees and actual address of the company and filming of the company headqaurters. you have too many fake sec filings due to company now under 1 billon market cap that dont have verified company financial statements . even teh address is fake. retail investors dont need quarterly updates for things like sales numbers, employee numbers bank account numbers those are quantitiatve numbers that can be reported on real time. company should even have real time cameras of company office for shareholders. and shareholders can see daily meetings. of management.