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Re: Renee post# 37137

Friday, 04/30/2021 10:13:48 AM

Friday, April 30, 2021 10:13:48 AM

Post# of 38069
As I read through the reasons for the C and D order, I thought the SEC was just being picky, as I've seen a lot of NTs with lame excuses, etc, in them.

Then, I came to this.

9. Daniels’ inability to meet the filing deadline for its second-quarter FY2019 Form
10-Q was due, in large part, to the discovery, and ongoing correction, of errors in its first-quarter
FY2019 financial statements. In its Form 12b-25, however, Daniels failed to disclose this
information and failed to provide the detailed narratives and quantitative explanation specifically
called for by the form. The company anticipated that its second-quarter FY2019 financial results,
when reported, would include $1.096 million in revenue from its truck-related business, thereby
differing significantly from its financial results for the second quarter of FY2018, when the
company reported having no operating revenue at all.

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!