At the Organizational Meeting for the public offering of Hi Tech, Inc., the CEO announces she gave an interview to a major mass circulation magazine a week ago. The interview topics included these four statements:

Statement 1: "The company's financial performance for the most recent year."

Statement 2: "The CEO's expectations for the company's financial performance for the current year."

Statement 3: "The terms on which the company most recently raised capital in a private placement."

Statement 4: "The possibility that the company might go public at some point in the near future."

1. Are any of Statements 1-4 above problematic for the offering? If so, why?

2. For any of the Statements that you find problematic, please discuss:

• The possible adverse consequences, AND
• How the problem can be resolved