RedCloud: And what part of my post says anything else? What I was pointing out is that an investigation will not go beyond the 10 days if the SEC is satisfied. I didn't say anything about it being shorter than 10 days.
As for the common sense issue, are you saying that if the company was able to satisfy the SEC they would lack common sense if they told that to their shareholders? Or that indicating that they are still actively working with the SEC to clarify an issue would lack common sense? Even a mia culpa makes sense if you want to get moving in the right direction as soom as possible.
There is little common sense in saying absolutely nothing if you have something that can help your shareholders understand the situation. To do so would send a clear message that they were unable to satisfy the SEC issues.
Well, at least we apparently gree that if the company says nothing, there is a problem...