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Re: uranium-pinto-beans post# 85

Wednesday, 11/19/2008 9:54:45 AM

Wednesday, November 19, 2008 9:54:45 AM

Post# of 871
Even as recently as '02 they had active call centers with hundreds, or even thousands of employees. I am surprised that there was no mention of the closures in Canada, but the current occupations of Rick and Gary suggests that they were closed or traded off. Possibly the Candian goverment took the call centers over. The Canadian government had subsidized the centers, and probably the training of the workers. I know the main reason for the lack of filings is Sarbanes-Oxley and the related expenses, and that a certain filing (13-15?) excludes them from filing at all.

As far as I know, after filing a notice they don't have to file reports, and it is up to them to provide press releases. The option is only available for companies with less than a certain number of shareholders, and is most often used by companies with a desire to cover their tracks.