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Re: pj123 post# 33405

Wednesday, 05/16/2012 1:18:13 PM

Wednesday, May 16, 2012 1:18:13 PM

Post# of 80403
I did i edited but read this


Having to restate your financials is highly likely to result in a late filing of at least one SEC periodic report, like Form 10-K or 10-Q. However, if you fully comply with Rule 12b-25 of the Exchange Act, then the delayed report will be treated as if it was filed on time. To comply with the rule:

You must file Form 12b-25 (Notification of Late Filing) within one business day after the due date of the late report.
You must represent in the Form 12b-25 that the reasons causing the inability to file timely could not be eliminated without unreasonable effort or expense. This necessarily includes providing the reasons for your inability to file timely.
For an Annual Report on Form 10-K, you must file the subject report no later than the 15th calendar day following the due date, and for a Quarterly Report on Form 10-Q you must file no later than the 5th calendar day.

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