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mordicai

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mordicai

Re: Mikeed post# 6085

Tuesday, 12/26/2006 5:55:46 PM

Tuesday, December 26, 2006 5:55:46 PM

Post# of 143139
How does one "release" its 100% wholly owned subsidiary other than by selling some/all of its stock ownership therein? I suspect cal-bay made an election to consolidate financials with its subsidiary at one point and the accounting work to do so still hadn't been completed, delaying cal-bay in filing with the sec. I would think such a consolidation would also include prior years. Does anyone think there is a different reason?
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