they aren't doing nothing-there are logistical issues and analysis,including communications with suppliers etc to do while the holiday season blocks drilling/testing
a quote from that form on the sec website: "Companies have four business days to file a Form 8-K for the events specified in the items in Sections 1-6 and 9 above.
the conclusion of the syllogism is that bc the july 8k was an 8.01 item,it was NOT required to be filed within 4 days
defendants are system wide allotted 20 days to respond to notices of suits which i assume would include an sec investigation, even though it has not risen to the level of a lawsuit
to require zn to file an 8k within 4 days of notice would impinge on the system wide basic right of 20 days to respond and thus would be illogical
you and your group are sec specialists,so perhaps u do not realize how extremely specialized sec subject matter items are in the law-a specialty of a specialty.
you already know that any company which receives such notice from the sec has to find an sec approved attorney,and outside of washington dc and new york and a few other areas such sec approved attorneys are far and few between.
except for ambulance chasers it could be hard to find and obtain a meet and greet w such an sec approved attorney within 4 days outside of those few areas.
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