Subject: Comment to File Number S7-11-19
From: John Young
Affiliation:

Oct. 11, 2019

 

Dear SEC Rule Comments, 

Over the last five years, I have used NextDecade's SEC filings to uncover discrepancies between what the company has been telling the general public about it's planned Rio Grande LNG project targeting our local Port of Brownsville TX, what it's been telling the Federal Energy Regulatory Commission, and what it's been telling its stockholders etc (NEXT, on the Nasdaq CM exchange). 

People like me need more rather than less information from the SEC filings submitted by such company's to protect our local communities from the bad behavior of such companies. 

It was by examining NextDecade's SEC filings that I learned Nasdaq had caught it violating two Nasdaq rules that could have resulted in the company being delisted by Nasdaq. Ditto the company's efforts to increase the amount of LNG to be produced by its proposed Rio Grande LNG project while staying firm regarding the production amount it's been telling the Federal Energy Regulatory Commission how much LNG the project will produce. 

Communities and investors should have more rather than less information about company plans that will stick investors with stranded assets while pushing us all over the edge of climate and economic chaos 

Thank you for considering my comment. 
John Young, Masters Degrees in Psychology & Social Work, Retired. 
Active member of SAVE RGV from LNG since May 2014 
San Benito TX 

Sincerely, 
John Young