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Monday, 04/26/2010 9:05:13 AM

Monday, April 26, 2010 9:05:13 AM

Post# of 61
According to this article below from January 2009 regarding delisting, there is no mention that they were planning on shutting down operations, but rather it was a move to save funds. Whether their plans with Turngate holdings and DCT-IS is part of this "focusing on the company" remains to be seen, but on first glance it doesn't appear their plans for EACC are over and done with.

The move is voluntary for the Oldsmar claims management services company as the cost to comply with the Sarbanes-Oxley Act of 2002 as well as other public company reporting requirements are providing minimal benefit to eAutoclaims, if at all, president and chief executive officer Jeffrey Dickson said.

By not having to file such reports, the senior management of eAutoclaims can focus more on the company itself, according to a filing with the Securities and Exchange Commission


http://www.bizjournals.com/tampabay/stories/2009/01/19/daily53.html

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