KowaBunga! Inc fka KOW (KOW)

[bohemianclubman]

San Francisco Chronicle

There is an article in yesterday's edition that talks about "thousands" of publicly traded companies that are scrambling to meet this quarters filing deadline due to section 404 of the Sarbanes Oxley act. Very large cap companies apparently get an automatic compliance extension, which really doesn't make sense because large cap companies would generally have the resources to afford them to be compliant. The article gives an example - Conceptus Inc., which does 11.5 million in sales but had to cough up 1.5 million to be compliant under section 404. I don't know if this is the reason for the delay in THK's release, but it would certainly make sense. Regardless, the delay in filing certainly has not squelched the companies appetite for private, profitable internet companies. Another announced today!

Bo