InvestorsHub Logo
Followers 0
Posts 377
Boards Moderated 0
Alias Born 02/03/2006

Re: DigiTech post# 2180

Wednesday, 04/05/2006 11:35:25 AM

Wednesday, April 05, 2006 11:35:25 AM

Post# of 14027
DigiTech, could mean October

Since Grifco starts their fiscal year in July the "first quarter" report would would be issued sometime after Sept. 30, 2006. They are promising "periodic quarterly financial reporting to align it with" [not necessarily fulfill] "SEC reporting requirements". I expect, if not a 10k, at least the unaudited financial statement like those found at pinksheets dot C for the initial report.

In order to achieve their "plan to trade on NASDAQ's Over-the-Counter Bulletin Board in early 2007, with a view to qualify for listing on the American Stock Exchange, the Archipelago Exchange or other similar exchanges in early 2008", they will need a 10K and regular reports. Grifco could do that by October but (my guess) have left themselves some extra time margin in the PR.

best2