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Hbpainter

08/18/20 3:13 AM

#300699 RE: JerryCampbell #300692

Since the financial impact is minimal, the SEC angle might not be about the tax issue itself. It might be about how late the 10-Q was filed given that part of the recent settlement was about chronically late filings. That's speculation, but at least a consistent story.



But as you know all companies were given a Covid extension to file late.

longfellow95

08/18/20 6:36 AM

#300706 RE: JerryCampbell #300692

The company would surely be obligated to publically and accurately indicate to shareholders what the SEC subpoena was about. And unless I'm mistaken, they made no reference to it being about a late filing.
Who keeps bringing it up? Seems like posters from all over the spectrum are prepared to give voice on it.
It's the Board topic of the day, but that is all.

It's one of those topics where the discussion will be circular and not lead anywhere.

It'll all come out in the wash. In other words, a few months down the line, there will be a publically released resolution. Until then we won't know if it was a nothingburger or a somethingburger.

Can't see why it should preoccupy us too much, unless any new information comes to light.

learningcurve2020

08/18/20 8:55 AM

#300721 RE: JerryCampbell #300692

Might it be about the a possible demand a CFO be put in place who then soon left as the raises continued?