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ANTI-BAGHOLDER

09/04/14 1:58 PM

#34588 RE: SLICRIC50 #34587

A 15-12g deregisters stocks. So the company would have to file a form 10 or and s-1 to become SEC reporting again. At the same time the SEC has a 90 day window to approve the s-1 or form 10.

There is no form 10 or s-1 on edger, so the SEC apporval hasn't even begun yet.

benosufan

09/04/14 2:09 PM

#34591 RE: SLICRIC50 #34587

Thank God you called the OTC this morning to straighten this out. Amazing they would even give a grace period when they already gave 90 days. Actually the 90 days would have been last Friday (30 days in June, 31 in July, 29 more days would have been August 29th)....I wonder who did you talk to at OTC? I don't see any need for a grace period.

Did you ask them why the reporting status was initially changed to limited reporting? Was that an error as well?

You might review the history of late notification filings as the 10k has been marked in the past then we got the annual report.

This doesn't change the fact that McHenry will need to complete the appropriate filings in order to start filing with SEC again. And again, the due date is October 15th. There will be no "grace period" as this is Wednesday.