Bruce,
Thank you very much for your efforts. I know it doesn't seem like it sometimes, but many of us are quite appreciative. We all bought the story and promise and while the story is not over, the promise has not been kept alive. Transparency. Was among the many promises.
I for one am tired of all the secrecy that surrounds a request from Nasdaq, or the SEC or FINRA. With the exception of usually blaming the other party for the delays, everyone seems to clam up like it is some great secret and a material item. I have found that many times when finally divulged, it was neither. There is very little reason NOT to keep shareholders apprised of what the SEC has requested, what we have provided and to whom, and where it is in the process.
If the SEC says on such and such a date, we want 1-2-3 and 4, and the company says they have supplied 1-2-4 and 5 on such and such a date, why would this information be secret? Does the SEC have a habit of requesting industrial secrets and shutting down companies while they wait? I think not.
Specifics.
Why are we shut down and what are they waiting fro and how long will the wait be. If we knew that the company was being forthright and what was actually being done, we as shareholders should be able to shout out to the SEC and others, for a date. Considering the financial hardship that SEC involvement always takes on all of us. The SEC should not have such power that they can hang you out to dry without any timeline.
Once upon a time we had a chance, but with each passing day it dwindles tremendously. I think there is no doubt that we will not see any funding from anyone with this hanging over our heads. I mean who in their right mind would invest in a company that has been halted, de-listed, not been paying employees, etc. They will wait and pick up the pieces on the cheap.
So yes, I am disappointed, but no, I have not given up. Please let me know if I can be of assistance in some way. Meanwhile, I must work overtime to make up for the losses incurred by SEC involvement on this and another stick.
Maxwell
