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Lofaus2014

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Lofaus2014

Re: grorate25 post# 41739

Thursday, 09/04/2014 9:32:56 PM

Thursday, September 04, 2014 9:32:56 PM

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According to Dan, who analyzed the lead time of S1 submission to notice of effectiveness approval for several recent company filings, the lead time was typically 15 business days. for an 8-25 filing, that puts us to 9-15. That's assuming MCIG management was smart enough to respond to close the 9 comments from last SEC return. If we have to go through round 5, the credibility of this management is in put into question.
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