IMPORTANT UPDATE
Just my opinion here but this currently looks to be text book EOY tax loss selling by a very few. While ugly more patience will be really required but things are moving forward.
This is an email that sent that was permitted to be posted by The NHYT director of public relations Shawn Van Damm.
From: SRV Consulting
Sent: Tuesday, December 17, 2013 1:11 PM
To: xxxxxx
Subject: Re: a recommendation
Hello XXXXX
I hope you are well. I appreciate your observation, Dave's "vacation" that investors perceived was on " investors dime" was In fact, His close friends wedding and was paid for by the groom. I am not sure how investors saw his pictures on his personal Facebook page. Because of investor complaints he does not post on Epoxy investors page.
To address the news issue - we had hoped to be able to report news in a more frequent way but at this point it is not an option. As a company completing a merger we need to address comments from the SEC before we release news. We filed an 8k in the summer with the change in direction, similar to an s1 filing this includes:
Audited financial of the private company
Business description
Director and insiders information
As with an S1 filing the SEC has the ability to comment on the filing ( in other words ask detail questions or for additional information on the private company )
At the time the company receives the comments from the SEC it is in the Company' s best interest not to release news on the merging company or make any changes to the public company such as name or ticker changes until we have answered the comments from the SEC. Since the original audit of Couponz is now 135 days old ( June 30 2013 ) the company needs to complete an audit to September 30 2013 to file the amended 8k ( the answers to the question from the SEC) This is also why the audit of Neohydro Technologies filed on November 19 did not include any of the revenue numbers or financial details of Couponz Inc. Most novice investor do not understand the rules a fully reporting company has to follow to complete a merger. ( I see the comments on Facebook and ihub from impatient investors that are calling Dave a terrible CEO for not changing the name of the company)
I hope this helps you understand the status of the company. As for The Epoxy app we are expanding and doing well. The response to the newest version has been fantastic. We are excited for the Christmas season to be over so we can implemented our sales strategies for the first quarter of 2014
Cheers,
Shawn
