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Re: Milesblue42 post# 34191

Wednesday, 02/03/2016 10:25:24 AM

Wednesday, February 03, 2016 10:25:24 AM

Post# of 37545
I'm not sure what there is to misunderstand here. The S1 is an option vs the 10K. It's considered to be one step beyond what's required in a 10K.

Producing and filing an S1 is much more time consuming and expensive in terms of the legal and accounting involved.