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Tuesday, February 18, 2014 8:44:37 AM
Good Morning/Afternoon,
In the last PR released in early December, it mentioned that management was hoping to have the post R/S acquisitions completed by the end of the calendar year. Have there been any issues with the acquistions or changes with timings? It has been a bit since the last communication, so was wondering if we can expect some sort of update shortly or if we should expect further delays at this point?
Thank you for your time and I look forward to your response.
Response:
***reply -- fully-reporting SEC companies are given 90 days to report year-end results, so BFHJ is hardly "delaying" anything. the audit is underway and accounting considerations regarding the acquisitions are key. it is anticipated that the audit will be completed within several weeks. at that time, treatment of the acquisitions -- and other corporate matters -- will be elaborated upon.***
--GMc
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