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Wednesday, February 03, 2016 10:55:04 AM
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.
Sounds like some of the reasons Gary F Kimmons gave for not being able to do Two things at once Ha Ha
But hell he was able to sell Billions of shares though ;)
Misunderstand? Huh?
What about these alleged Sec audited fins being referenced?
Where is the link?
So Escue Energy was able to secure a $40 Million dollar asset but now cannot do a SEC 10K and S-1 at the same time? Who is wanting the Public to believe this? The Kimmons Family? The alleged new Team?
Perhaps the New Team should make Gary Kimmons give $700,000+ salary back to the company to pay for 10K. ;)
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