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gameccks1

08/16/16 7:42 PM

#6338 RE: holter #6336

SEC complaint company: typographical error or not?

Consider "SEC compliant".

Current non-compliance with SEC requirements:
2015 Late 10-K was due on 4/14/2016, but has not been issued.
1st Qtr Late 10-Q was due on 5/23/2016, but has not been issued.
2nd Qtr NT 10-Q was due today, but has not been issued. Late 10-Q is 8/22/2016 (not holding my breath).

Not a good story with no known justification like last year (Xtreme) and continuing to get more disconcerting. However, maybe Management means compliance with Southeastern Conference requirements and not Securities & Exchange Commission requirements (tongue firmly in cheek as usual).

Consider "SEC complaint"

Management may really mean "complaint" since a good number of their shareholders would probably love to complain to the SEC if there was a means to do so.



soupforthesoul

08/22/16 8:43 PM

#6342 RE: holter #6336

My humble opinion is the lack of horn tooting is due to the fact that a lot of real things are coming together all at once and a reserved posture is appropriate. Especially when real progress along with significant negotiations are under way and about to come to fruition. I've seen this happen with other startups that have something real going on and they generally play their hand close to the chest just before paying off big.

I think the big picture is alive and well inspite of all the challenges and setbacks. Over the years this company has embraced such obstacles as a part of the job. That is first class. That is success. That's about to pay off.