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Re: sumo tsunami post# 8028

Tuesday, 01/08/2019 1:12:31 PM

Tuesday, January 08, 2019 1:12:31 PM

Post# of 8214
Yes. Why doesn’t Doug do the right thing and immediately file the latest 10K?

Over the years the SEC Corp Fin staff has developed ways of simplifying how a delinquent company may “catch up” in its filings. With a few calls to Corp Fin and the Office of the Chief Accountant, the staff would generally permit companies just to file the most recent Form 10-K and any subsequent Forms 10-Q. This approach facilitates getting to investors the most relevant, recent information. There remains some theoretical liability, as discussed below, but sometimes that is bearable for a company.


As German philosopher Arthur Schopenhauer once said, "truth is ridiculed, then denied, and then "accepted as having been obvious to everyone from the beginning."

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