Replies to post #11994 on HydroPhi Technologies Group Inc. (fka HPTG)

[6pack2go]

Agreed... A done deal! We know what we own and we're picking up more each day... I feel a 500k hit me me coming one today... I hope it stays below $0.06 to get some more... :-)

[WealthWithoutGreed]

You may be right about the 71 days starting on December 10th.

11/24/15 was the date of the stock purchase agreement
12/10/15 was the date of the closing of the transaction


Here's what I found while searching for when audited financials are due in mergers:

"The financial statements of an acquired business must be filed no later than 71 calendar days after the date the initial Form 8-K was filed reporting the closing of the business acquisition"


link to the article:
http://securities-law-blog.com/2014/04/15/sec-reporting-requirements/

There were other articles showing the same information.

It could be that Friday, February 19th is the date. That is the 71st day after the closing transaction was announced.