In case anyone else has been wondering, Rob Bleckman has explained the lack of an 8K on Sanswire-TAO.
Hi Rob,
Would you be kind enough to explain why there has been no 8K on the Sanswire-TAO agreement?
Is it not yet consumated, pending additional payments from us?
TIA
XXXXX XXXXXX
Hi XXXXX,
I haven't heard from you in a while!
The news was included in the 10k under Note 21 Subsequent Events. Ordinarily, for a company that is in compliance, the 8k would have been used in absence of an imminent quarterly or annual filing. Of course this 10k filing was delayed but since we are not compliant until we're current on all our financials anyway, an 8k would have not been absolutely necessary here. There are future payments to TAO that must be made, but for all intents and purposes, this agreement has been consummated.
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