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Post a link to the report or PM me with a link.
Due date would be irrelevant if the SEC issued a blanket mandate to the affected companies.
Only 2 out of all of Drakeford's customers?
As far as I can tell, only Spongetech is required to restate financials out of the Drakeford & Drakeford customers.
If Spongetech was the only Drakeford customer that has to restate for the past 2 years then there might be more to this than we think.
Has the SEC demanded any other Drakeford customer to re-state financials or just Spongetech?
It is doubtful the company will have 2 years of audited financials ready before the next deadline. Delisting appears to be imminent.
SPNGE on Friday. Delisting in the cards too?
Sounds like at least another week before the 10K.
I could be wrong, who really knows?
Link to final 10K filing for 9/15/09.
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=10-K&owner=include&count=40&action=getcurrent
Some filings on the page were filed at 18:00 and 19:00 hrs on 9/14/2009 as the "Accepted" time and date but the filers made sure they made it in by the 9/15/2009 "Filing Date".
Bid .1301 Ask .1312 the bid and ask are downticking.
Thanks, your post sounded so official, I was just wondering.
6 for $9.99 a 2 for 1? Closeout in progress?
PAYI .17's gone .18's up.
PAYI .165 x .17 on the move.
PAYI the next low floater volume breakout to go.
Was it always 6 for $9.99 or did they start out at 3 for $14?
6 Pack for $9.99, Linda at the Costco in Temecula.
No prob, apology accepted.
Why the hostility? I just asked a question.
Have you called Costco to see if they are still on the shelves?
No longer at Costco the reason for the drop?
"We were unable to match "spongetech" with any product currently available at costco.com."
http://www.costco.com/Common/Search.aspx?whse=BC&topnav=&search=spongetech&N=0&Ntt=spongetech&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US
There is a "NOT GOOD STANDING" notation attached to a big buyer of the company's products:
CORPORATION FILE DETAIL REPORT
--------------------------------------------------------------------------------
Entity Name NEW CENTURY MEDIA GROUP, INC. File Number 65636891
Status NOT GOOD STANDING
Entity Type CORPORATION Type of Corp DOMESTIC BCA
Incorporation Date (Domestic) 07/09/2007 State ILLINOIS
Agent Name LOUIS V. PAVONE Agent Change Date 07/09/2007
Agent Street Address 1920 SOUTH HIGHLAND AVENUE President Name & Address JOSEPH J. LOSS 1920 S. HIGHLAND AVENUE LOMBARD 60148
Agent City LOMBARD Secretary Name & Address SAME
Agent Zip 60148 Duration Date PERPETUAL
Annual Report Filing Date 00/00/0000 For Year 2009
http://www.ilsos.gov/corporatellc/CorporateLlcController
I wonder if it will reflect negatively in the 10K?
Why the low volume and downtrend today?
Thoughts?
So no more R/S's? Will you flame me if another (or amended) R/S is initiated by the company?
Lowering the A/S again without a R/S was the topic. Simply put, how can it be done without one?
Thanks for the reply but it doesn't answer the question of how 900M can go to 300M without another (or amended) R/S.
Let's just forget about it and change the subject to something a little less complicated.
the authorized share count can be
*amended* or *adjusted* many times
over when a co. is growing and its
needs will be changing
Without a R/S? Provide more info or let's just talk about something else.
The company can do that without another R/S, I (and probably others) will have a very hard time beleiving that without proof of how it can be done.
The A/S went from 2.75B to 900M with a R/S. How can the A/S go from 900M to 300M without a R/S?
Not really, a decrease in the A/S will require an increase in the R/S ratio. It cannot remain the same and that is for sure.
When will the R/S increase 8K hit the wires?
Going from 900M to 300M will require a new {amended) increase in the R/S.
From 1-100 to 1-300?
Paid pumpers and stock promoters will pump this to 4-5 cents if they handle it right. Gold will start closing above $1000 soon.
CGFIA firmly above the DMA 50, breakout pending.
CGFIA volume and upticking.
RNER building pressure, upticking.
GVBP.ob
TGLN.ob and RNER.ob
SPNG = illegal wash trade volume.
TGLN a Gamznflix reverse split short covering runner in the makings.