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SanfordandSon

08/11/15 5:57 PM

#2096 RE: Potse #2095

As far as I know a company is required to file a NT 10-K or Q if they will be late on their filing. To my knowledge, Dr. Musick has never missed filing the NTs - for years. Why now? They are quick and easy, see above for examples - and they require a reason for why the filing will be late.

In my opinion, if they were going to suspend SEC filings that would have been the reason stated in the NT 10-Q. To do otherwise is inconsistent with how Dr. Musick has operated over all the years.

Something going on behind the scenes. If something serious was amiss, I would not want to compound my exposure to the SEC by not filing the NT. Rather give a truthful but innocuous reason and lawyer up. If there was something amiss that the passage of time would take care of - one could consider the risk/reward and file the third quarter.

Acquisition/merger made the most sense to me, but the length of time now with no information causes me to question this. If an acquisition/merger was imminent I could see waiting a short period of time - but the 3Q has already ended. Furthermore, if they were or are the NT could have stated that financial statements were still being finalized.

Has anyone spoken to Dr. Musick about this and how business is going?





JonesBur

08/12/15 10:34 AM

#2097 RE: Potse #2095

Thanks for the info. From what others have said, it doesn't seem like they plan to suspend their SEC filings. It also seems like just a hope that there are plans to have an acquisition or merger, even though I share that same hope, just it has been too long of a waiting period for that and there is no data to support that hope. Based on their PR from April on the expansion of manufacturing capacity with Erik Van Horn's return to the company and based on their PR from June on Toxicology testing trials, it seems like option 3 is the most likely option. Despite the fact that they appear to just be busy with various activities behind the scenes, the overall consensus seems to be that with everyday that passes by the chances are greater and greater that the SEC suspends this stock.