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rocky301

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rocky301

Re: Gastrodamas post# 30443

Sunday, 03/20/2011 9:51:35 AM

Sunday, March 20, 2011 9:51:35 AM

Post# of 92948
The S-1 was filed back on Feb 14. Amendment to the S-1 was filed on March 18. Why? As stated prior, the 10K came out March 17 so all the NEW info is required to be added. The SEC cannot and will not declare a registration statement "effective" unless it has the most recent and current info added to prospectus. The SEC does not judge the merits of offering itself. SEC objective is full disclosure of all available info for investors to see. So the amendment filed Friday is just business that ACT is obligated to perform and has nothing to do with CC..
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