Penny,they should have bought an existing fully reporting shell,i said so at the time. As you said earlier this does not seem to have anything to do with pinksheets. I think thats a blessing. Here is an opportunity for GSI to take an adversity and make it a winning hand. It seems they have will have 120 days to sort it out. I hope they can get the neccessary reports up to date.
I guess the original thinking was to go the pinks and then start reporting hoping that would erase the need to have report from that 2003 timeframe when they initially stopped reporting.
I guess they will have to explain about all those earlier misstatements on their 10K.
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