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Re: whalley post# 19332

Thursday, 05/03/2018 12:20:22 PM

Thursday, May 03, 2018 12:20:22 PM

Post# of 63455
The company is currently undergoing the audit process (as stated in italic font in the recent quarterly update), since BYOC use to be an audited company and was filing under SEC rules and regs, they need to go back to the year when the last audit occurred and audit all the from that date to the present date.

The last audit occurred in 2010, the company filed a form 15 to deregister. To protect investors, the SEC wont just allow a company to audit 2 years of financials (like what is normally needed) to re-register with the SEC. So we investors, are expecting 7 years of audited financials to pop up, along with 2 years of audited financials from their previously announced acquisition, service 800.

The tax liens will likely get addressed over time. considering service 800 does 25m in annual rev per year...not to mention more acquisitions to be coming in.
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