Your reader has a good point re: Vince.

If WWE lets this story roll on into next week management will be in violation of SEC regulatory disclosures, for public companies must file with the SEC to announce any material events that affect shareholders—within four business days of the occurrence of the event.

The death of Mr. McMahon, who beneficially owns approximately 66 percent of the Company’s outstanding equity, and controls about 94 percent of the voting stock, would trigger a Form 8-K filing.

And… What serious investors really want to know, however, is (i) was the limousine insured for an explosion? (ii) Who is responsible for paying for the cleanup of the destruction and mess caused by the explosion?

McMahon’s contract states that he is “eligible to receive reimbursement in an amount up to $50,000 in any calendar year for his expenses for cleaning services.”

The explosion will likely be properly accounted for as a “reasonable business expense incurred by him [McMahon] in the course of the performance of his duties.” Ergo, WWE will pick up the blown-up limo expenses.

http://10qdetective.blogspot.com/2007/06/world-wrestling-entertainment-goodbye.html

Best Regards,
David J Phillips, Publisher
http://www.10qdetective.blogspot.com

Someone at the SEC will spill their coffee when they read this press release.