Comment Re:Well... (Score 1) 460
Actually, SEC rules require that all key supplier and customer relationships be disclosed on Form 10-K (and their identities). You'll notice that most consumer products companies disclose Wal-Mart as a key customer (most do about 1/3 of their business with them). The distinction here is whether or not the customer is material (i.e., makes a difference to the average reader). Given that Gator only has about 45 advertisers, I'd be willing to bet that they've got a few that contribute a lot of money to their sales that will have to be disclosed with the SEC.
