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BeachBum

05/15/14 9:00 AM

#22545 RE: cornerstone #22544

8k material event filing is for SEC reporting companies which TLFX is not. TLFX is not required to file anything, even Q,s which we are waiting for. They are electing to file to secure growth funding IMO.

pennypuptech

05/15/14 9:03 AM

#22546 RE: cornerstone #22544

What we're looking for is a 10-Q, not an 8-k. 10-Q is just a quarterly release.

As for the rules around an 8-k, honestly, I'm not sure. They could very well just be in "testing" phase still, and if that's the case, they won't have to mention jack (as probably there's an NDA).

Remember - beta testing "commencing" by 3-31. Who knows how long it'll be - hopefully we get a nugget. What we'll definitely expect to see is any hiring.

pennypuptech

05/15/14 9:03 AM

#22547 RE: cornerstone #22544

Also, I think we'll see evidence of hiring through further increased stock compensation.