Replies to post #32031 on Alkame Holdings Inc (ALKM)

[NoMoDo]

I refused to invest before the 2015 k because of the risks of suspension among other things, but now that they filed, the chance that they would be suspended is negligible. The SEC is not out to screw companies, but rather make sure companies are doing what they need to do to protect investors.

The SEC is aware that ALKM recently filed 2015 and will realistically give them time to put out 2016, and more time to put out 2017. They won't be given years, but they realistically will be given months before the SEC even bats an eye.

From my past experience, I am thinking that ALKM could have 2016 out at any time now. In order for an auditing company to delve into 2015, they needed to look at the entire timeline from then until now. The time needed for 2016 will be spent on an income statement, sources and uses of cash, and a balance sheet. That could be rushed in about a month but realistically take as much at 2 months.

Doesn't look good for the ailing ALKM.

The company was ailing in 2015, but I believe there is enough evidence that the company is out of the weeds and back on the fairway. Still need a 3 iron to get to the green, but "ailing" certainly is not the word I would use.

[gman3]

Yet, the SEC has done nothing for those three years either. Nor do we have any proof that they have sent warning letters indicating any pending suspension. ALKM is nowhere on the SEC's radar when they've got folks like Musk popping off about taking Tesla private.

This line of discussion is old and it has no proof of warnings or penidng action. Perhaps, if the CEO does not make good on the typical filing dates in August and November, this might be worth a revisit.

Quite honestly, the cat is out of the bag on anything he would be trying to hide as the OS has clearly been updated and all associated transactions involving shares have been updated through June of this year.

[DALLAS BUZZ]

Correct, there was not extension that ALKM needed to file noted by no word from SEC. The required NT-10K for 2016 and 2017 apparently not needed per no news from SEC . This would have given them a 15 day extension to file their 10K's after the due date. This is why the SEC has not suspended them.

The CEO purposely filing 2015 and advising to file the rest in short order to be fully caught up. Financials are going to be seriously better each released year. Estimated 2018 4-6 Million IMO. what is he trying to hide? The answer is nothing as the SEC has proven by never suspending them. Looks good for the growing ALKM.

ALKM could won't be suspended at any time. They have been given time to file the rest as the SEC is obviously comfortable with the plan that is in full swing with ALKM.

[Theoblade]

Can you give me any reason why the SEC would allow them to keep their doors open without filing fins for 3 years? They were given a special exemption and allowed to stay in business to rectify the massive ammount of income they are generating.