Replies to post #56643 on Lans Holdings Inc (fka LAHO)

[janice shell]

Yes, the Form 10 will provide disclosures required by the SEC. It will register the company's common stock.

About two weeks after the Form 10 is filed, the SEC will probably send a comment letter to the company. The comments will not address the reviewer's thoughts about the quality of the business plan or the like; their purpose is to ensure that all the necessary disclosures have been made, and that the form in which they're presented is correct. So before the Form 10 becomes automatically effective after 60 days, probably one or two amendments will be filed. If the SEC sees more complex problems, it'll suggest the company withdraw the filing and refile later, when it's better prepared. Usually there are two reviewers, an attorney and an accountant.