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Re: contractor10940 post# 14319

Sunday, 12/03/2006 1:15:59 PM

Sunday, December 03, 2006 1:15:59 PM

Post# of 44006
I agree with your list, but what I don't understand is why they are not announcing things as they go. Are we saying that there is nothing to announce, which is a problem in and of itself, or are we saying, we are waiting for the SEC review to be completed, which I think is more the case?

In a discussion with Joe recently, he indicated that the last two 10Q's were done under the review of the SEC, so you know they are clean.

Having said that, the SEC doesn't expect you to shut your business down, but to operate under normal conditions, as the investigation of the BDC conversion proceeds. There are no snake in the wood pile here, as the basher might lead you to believe, but rather we are dealing with changing from one method of reporting to another.

By the very list itself, there is a ton going on that the public knows nothing about.

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