Good Point!
I've been watching all the nonsense posts on this board recently instigated by some new posters in absense of the old posters that worked dilegently to post false information.
Let's get a little clarification concerning 10-Q's and 10-K's. It seems that someone wants to incenuate a delay and extenstion is a fact concerning Sequiam. In my opinion this is false.
Basically 10-Q's are requred to be filed 45 days after end of quarter unless an extension is filed. However, in the case of end of year results companies can include 4 Q results in the annual report which is due 90 days following the company's Fiscal Year End.
In Sequiam's case the annual report would be due March 31, 2008 which would include fourth quarter results.
For somebody to try and make a case that the 10-Q has been delayed based on any other circumstances is again off base and only trying to confuse legal reporting statutory guidelines.
In Sequiam's case, I feel that 4Q 07 was solid. Then again this is all speculation. However, with the recent events that transpired concerning the Default notice I would assume if everything is made clean it would all be addressed in the 10-K Annual report which is not due to be filed until end of March 2008.
I hope this brings an end to this delay and questions concerning 4th quarter results. In the end I feel Sequiam will survive and come out of this as a much stronger company while addressing all of the miscommunication being speculated upon by individuals that really don't understand the issues.
However, this meaningless bashing which is very obvious concerning the new false claims being mentioned is being noted and hopefully will again be addressed with appropriate action.
Good Luck to all the Long investors in Sequiam and don't feel that nobody is paying attention to the false comments that continue to be the topic of discussion for some reason.
AI
