Wednesday, March 12, 2014 11:03:13 AM
All of the items should have been expensed WHEN INCURRED. That means all these little .001 stock distributions for services (to this company and his other holdings) should have been expensed in the period they were incurred.
They were never reported at all in operations until someone figured out (or the SEC told them) it needed to be rectified. It still has not been correctly rectified.
And as for a NASDAQ listing, it is pure pipe dreams. They would have to restate everything they put out already.
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