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Re: Dan Simmons post# 36694

Thursday, 06/30/2016 8:08:23 AM

Thursday, June 30, 2016 8:08:23 AM

Post# of 37545
You may never see the details of the valuation. That will be up to ESCU and the SEC.

If the SEC asks them to post it as an exhibit on their S1 it will be available.

Irrespective it will have been fully vetted by the SEC. If there's anything the SEC does not like about the valuation (and the procedure that was used to determine it) ESCU will be told to remove the asset from its balance sheet.

Since ESCU is now in its third round of S1 filings and the SEC has not told them to remove it I would assume that it has passed their review.

We shall see.