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Re: SevenTenEleven post# 4152

Wednesday, 01/26/2011 5:29:25 PM

Wednesday, January 26, 2011 5:29:25 PM

Post# of 11564
VARMIT, CERTAIN YOU ARE WRONG! :)

In fact, the 8-K did not equivocate as to the reason why the late filing. It said this with respect to that..."Form 10-Q could
not be filed within the prescribed time period because the company has a small accounting staff and the financial statements were not completed in sufficient time to solicit and obtain the necessary review of the quarterly report on Form 10-Q and signatures thereto in a timely fashion prior to the due date of the Report."

Small accounting staff???? Come on, does that sound like a company positioned to blow the lid off a fairly de rigueur filing?



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