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Friday, 05/28/2004 10:41:00 AM

Friday, May 28, 2004 10:41:00 AM

Post# of 611
Too little too late???

It really baffles me that companies file their SEC forms late, sometimes too late.
That seems to be the case here.

The 10K forms,(the annual reports), have to be filed within 90-days from the end of the year, that means by the end of March.
They knew that! They filed a NT 10K at the end of March, but that only gave them a two-week extension.
They knew that too, because they have filed NT forms on almost every "required" SEC form they have filed.

I guess, having the E attached didn't ring a bell, and now the 10K is too late.
This filing isn't enough to reestablish the OTCBB listing. Now, they will have to go through an extensive, and expensive, filing process before the SEC will allow them to be relisted.

How can anyone expect a company to grow and prosper when Management performs like this?
This is purely a case of sloppy mis-management.

"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD

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