Saturday, February 02, 2019 2:09:00 PM
Let's assume for a moment that the investigation did start. We almost got a full circle now. It could mean they have talked to GERS and they are satisfied with what GERS has promised. Again, it isn't a three strikes out, automated process. The outcome differs from case to case.
Now there is a possibility that outcome of the investigation is that there in no action taken until some date or moment they have agreed on.
If that's so, filing another complaint might lead to the same conclusion. Even if it is a new deadline they've crossed. Because they might have talked about it to the sec at the time they've missed their filing.
Also, why would the sec need the filing of a complaint to get to this action if they know very well which companies are over time?
So I think:
We can cross off that the system is automated.
We can cross off the idea that you can't file more often the same complaint or ask somebody else to do so.
We can cross off the idea that every company filing late will face the same consequence
We can cross off that an auto reply is the same thing as getting a note about the status and what will happen next and how soon with your complaint
We can cross off that as a Dutchman I don't understand the system
And we can cross off that you will get to know for sure what happens with your complaint, because the SEC doesn't give any information about the status off the complaint to anybody.
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