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Helium-3

02/28/15 12:24 AM

#83051 RE: NewJerichoMan #83050

This S1 has a near zero chance of being accepted in the 1st round because the SEC will want to see Q4 results and by the time they make the request, Q1 will be complete or nearly complete and that information will have to be added, increasing the total turnaround time.



So I guess it won't be until the second half of 2015 that a First North listing will be approved. Is this what you are implying?

RealDutch

02/28/15 1:49 AM

#83054 RE: NewJerichoMan #83050

But the S1 process is a tedious one. The SEC will reply with 100 questions.



But this S-1 serves a different purpose. It simply allows ECAB to sell stock they already own (at some stage).

So the SEC may not give a rat's ass about transparency. Since the company is not raising cash/issuing new shares.