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Re: dipstick55 post# 27235

Monday, 03/21/2011 12:40:21 PM

Monday, March 21, 2011 12:40:21 PM

Post# of 34471
Are they not just looking for a 'late filing' form here?

Its interesting to take a look at dyp to understand what might have to happen with ccme. After DTT was fired from DYP, DYP attempted to hire a few auditors and they all REFUSED to sign on until their internal investigation and forensic accounting was completed.

So I would expect a late filing form here, announcement of an internal investigation. After a forensic account has been completed, and a new cfo hired, then ccme can get a new auditor and proceed to be compliant. This could take many many months, and its likely a sec investigation will slow it down more (dyp only informed investors recently even though sec started in nov!).

I am going in with very low expectations with this process but i don't think ccme gets delisted anytime soon. All assumptions and guesses here

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