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diy_investor

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diy_investor

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Re: 0mniscient post# 303

Thursday, 06/19/2014 6:59:16 AM

Thursday, June 19, 2014 6:59:16 AM

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My understanding is that the SEC will approve the company's definitive proxy statement (DEF-14A) when it meets requirements from Section 14(a) of the Securities Exchange Act of 1934.

Form DEF 14A, which is also known as "definitive proxy statement", is required under Section 14(a) of the Securities Exchange Act of 1934. This form is filed with the SEC when a definitive proxy statement is given to shareholders and helps the SEC ensure that shareholders' rights are upheld.

http://www.sec.gov/answers/proxyhtf.htm

The company is working with one group within the SEC to issue the definitive proxy statement while another SEC group suspends trading of the company stock for two weeks. Go figure!

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001066551&owner=exclude&count=40&hidefilings=0
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