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IPO$

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IPO$

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Re: thesmalls post# 962

Friday, 10/10/2014 4:33:21 PM

Friday, October 10, 2014 4:33:21 PM

Post# of 1058
SOX is not that expensive for WDKA because 404 internal control audits do not apply as the size does not meet the thresholds for requirement. The Form 15 means to me that WDKA does not want to be reporting any longer. Perhaps they will file a Form 10 one day to once again become reporting but I do not know. the stock will continue to trade on the pinks and Rule 144 will be the only way to free up shares since S-1 and S-8 are no longer available. This does restrict WDKA from hiring a banker to go on the cover of a follow on offering however.
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