The latest move in the hockey lockout was the players voting in favor of giving their executive board the authority to file a disclaimer of interest before January 2.
While Bulletin Board companies are required to file quarterly and annual reports, proxies and insider trading information to the SEC, neither the NASD nor the SEC checks to make sure filings are factual, and there are no minimums.
DiMicco was worried about rank-and-file fallout two years ago when the board decided it was time to break with 40 years of tradition and purchase its first corporate jet.
The response of the NFL was to file a charge with National Labor Relations Board arguing that the NFLPA has not negotiated with the league in good faith and claim the union wants to evade its collective bargaining obligations so it can use antitrust litigation to enjoin a lawful lockout.
Only 30% of players have to vote in favor in order for the players association to file a decertification petition with the National Labor Relations Board (NLRB).