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Re: DVP25 post# 1741

Wednesday, 10/19/2022 7:50:23 PM

Wednesday, October 19, 2022 7:50:23 PM

Post# of 1931
Ya I think that's what they should do, if there is nothing else. I mean at this point, Occam's razor. What's the simplest explanation that fits the data. A ton of F1/A's with F20's with nit picky things. The 9% rate hasn't changed. The offering has increased. Other sites say it takes 30 days to even get comments on IPOs back plus 30-120 days for review, totalling 6-9 months with other BS. So we are at what month 4 from the initial filing in June right? So I don't think we can argue with the fact it takes time. I think what probably happened is they underestimated it because they thought it was easier to do a Pref from the initial common since they already had an approved annual report structure and policy. But you get a new guy who crosses the t's and dots the i's and you're in hell. So it was always oh it will be done next week... next week... and then a couple months have gone by and you realize crap. But who knows...

That doesn't take anything away from us being in this position about to run out of Cash though...