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Re: brooklynborn post# 202695

Tuesday, 08/14/2012 10:31:51 AM

Tuesday, August 14, 2012 10:31:51 AM

Post# of 233362
I was only giving an overview of the workings of the SEC in regards to approval or disapproval of The S-1 as well as any subsiquent s-1a and etc. I personally am not trying to influence anyone into buying or selling. . Again 30 days for initial review. If clarrifications are needed then they are requested and an s-1b is submitted. This can go back and forward several times. This is not to insinuate that Katx is guilty in the eyes of the sec but that they just want everything understood. After all the back and forth the sec is still not required to publish any earlier than 20 days after final review. When dealinhg with the feds you are right time frames are foolish. We just have to wait and see.