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Re: sentiment_stocks post# 227932

Saturday, 05/18/2019 10:59:37 PM

Saturday, May 18, 2019 10:59:37 PM

Post# of 690693
True, but at that point the company is under Nasdaq's microscope about anything related to Cognate - so if LP is contemplating some type of financial transaction with Cognate, similar to what occurred the following year, then not being on Nasdaq makes sense.

Bt the way, that press release to delist was dated December 7, 2016, the notice of a SEC subpoena was received on December 13, 2016, JUST ONE WEEK LATER!

Think that's a coincidence? (The SEC didn't prepare and submit a subpoena in one week.)

Fro 10Q for 1Q16:

As previously reported, the Company received a formal information request (subpoena) from the SEC on December 13, 2016, and follow-on formal information requests thereafter, regarding several broad topics that have been previously disclosed, including the Company’s membership on Nasdaq and delisting, related party matters, internal controls and the Company’s Special Litigation Committee. The period covered is January 1, 2013 to the present. The investigation is ongoing and the Company is cooperating fully.

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