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Re: pinaise post# 4614

Wednesday, 09/01/2010 9:29:29 AM

Wednesday, September 01, 2010 9:29:29 AM

Post# of 75593
I figured out the reason we are safe. The SEC allows for certain extraordinary issues to allow for even more time. Those reasons are almost always the following.
1) The CEO got hit in the head with a mah jong cube and is in Singapore General.
2) The auditor changed hands.
3) The company is being bought out.
4) The entire Board of Directors got hit by a Tsunami.
5) They find that Pres. Obama was born in Malaysia, not Kenya, for another round of media circus.
6) Paris Hilton joins the Board and we have a 4 week moment to change venue and dressing rooms.

If #2 is it then we are safe. This happens a lot with otc companies who have a fast string of acquisitions too complicated for any accountant to understand. Then we have another 2 weeks.