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Re: curechile post# 44570

Sunday, 07/03/2011 8:30:34 PM

Sunday, July 03, 2011 8:30:34 PM

Post# of 92697
curechile - I suppose they could soon be ready to give us a financial report but in light of all of these new developments with the company/ceo/stock/launch I think the new business people taking over will need time to get to a point whereby they can run the day to day operations as efficiently as it was run before, then they can begin to work on projects like getting the next financial report out. Who knows if the new management will keep the same kind of time schedule they used to report the financials in the past but if you look on otcmarkets the filings sometimes came out in late August but usually and more recently they have been at the start of the spring. I too like companies that run a tight ship; if sales are getting better then I would expect that the company could at some point afford to upgrade the over the counter stock status of the security and have it adhere to the normal financial reporting standards. I think once the temp cav empt, the otc will show SFIO as 'limited info' and that is what they need to change, over time when they get the heart of the business working well.
cheers