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Re: funken_a post# 1514

Wednesday, 09/09/2009 9:49:29 AM

Wednesday, September 09, 2009 9:49:29 AM

Post# of 41931
Based on my experience since years with pinkSheets it depents on several facts:
1. Does the compnay ahve all the papers together from the last yeas - so did they keep books properly while this PS period
2. How good are the lawyers and book keepers who prepare everything
3. How many layers are involved to force the whole story
4. How much money does it cost and does the compnay have this money (no doubt regarding BGMO!)
5. How many mistakes does the SEC find in those reports - as the SEC always does not only find mistakes always.....but they are very, very hardboiled regarding longterm PinkSheet companies as they check every tiny number!
6. How many reports have to be done - depents of course on how many years BGMO has been a pinksheet.
7. Other facts which often can not be foreseen.

The guess of duedilly it might take only 90 days, sorry, is a big illussion! I assume 8-12 months until BGMO is back on OTC or even longer for the AMEX !