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RedCloud

03/27/06 1:35 PM

#25190 RE: saturn26 #25188

I agree with you Saturn. HISC will remain a Pinkie at the time of the merger and will resubmit their SB-2 when the merger is completed. Otherwise, they would not be able to include the details of the corporate structure until HISC sells those assets to "NewCo." If they were to do so, they would have to retract the SB-2 again to update it, and then resubmit it again. HISC will be somewhat different after the merge. Since no one can predict when the SEC will put their stamp of approval on anything, it just makes sense to wait until after the merger for HISC to resubmit an SB-2. It's just not as simple as deleting the ActSoft details out of the submittal. It changes everything. JMO!
RedCloud