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Re: imiloa post# 89895

Friday, 01/23/2015 1:59:56 PM

Friday, January 23, 2015 1:59:56 PM

Post# of 111317
There is zero upside to giving time estimates. I think CEO's who give them are setting themselves up for lots of pain and frustration. If they give an ETA on something, if it doesn't happen, they are called a liar, a criminal, a cheat, a dummy, and the list goes on. If they hit the ETA, they will get nothing, and honestly, it takes away some of the punch of the event happening. Best course of any pinksheet is to honestly inform shareholders of what is going on, but not exact date of when its going to happen, no upside imo.
Had this CEO not given timeframes for the Form 10, no one could have complained, other than it was taking a long time. I remember reading this board and so many people didn't believe the Form 10 was going to happen, because the Auditor was missing deadlines or Auditor and CEO were not on the same page, regardless, you get the point.

CEO says they will file 211 again, that's all that matters. If it is filed and he gives an update it was filed, great. Leave it at that imo, because if he says, we should hear something in 3 weeks, and he doesn't hear something, speculation starts run wild, lol.

Good luck to those who have had the patience to just let things occur. The Form 10, should be a sign of the company attempting to right the ship and move forward.

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