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Sandan

02/20/07 11:39 PM

#64181 RE: janice shell #64174

"Then why is the SEC investigation continuing? Why do they want more information from CKYS?"

What do you care? what do you gain financially from chasing suspended stock??

Sandan
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slorke

02/21/07 12:02 AM

#64192 RE: janice shell #64174

"Not here to debate or have a disagreement."
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swifty714

02/21/07 12:10 AM

#64198 RE: janice shell #64174

Janice,

have'nt we gotten the first taste of things looking good since the MM's did and found out what they needed to trade the company. Prior posts stated that would in fact not happen.
But alas, we are open on time and trading. Someone besides the investors thinks things are on the up and up.
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ToddWH02

02/21/07 6:21 AM

#64219 RE: janice shell #64174

LOL.. Janice.. as always, I appreciate your selective naivete.. lol..cracks me up!
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ragsisme

02/21/07 7:49 AM

#64230 RE: janice shell #64174

Janice, I think I addressed that question in an earlier post but I'll take a stab at it again.

Government has a system of review and record-keeping that slows it down to a crawl. I doubt if any review of information will be complete for another week or more. That is, if they don't require further information and have to wait for that (eg. was the deposition completed or delayed). Usually, requests for further information stops the reviewer's clock. They do something else (another case) until they get what they ask for. If corrective action is required, this won't be forthcoming until it is reviewed. With government, it is always about precedent or setting a new precedent. QA\QC would also be incorporated in the review process, including reports, and closing the case.

The suspension was limited to 10 days by law. It was basically used to leverage needed information. This was not the time frame of the inquiry or the review of the documents. If the company is cooperating and supplying information to the SEC satisfactorily, then they won't need to use that hammer again.

Final resolution for most of us longs, IMO, will be the issuance of the AFs. If the auditing firm didn't have all the information they needed before, darned if they shouldn't have it now. I expect that the audit will be very thorough given that the auditing firm knows who's eyes are watching. I look for those to be complete before the end of March (my time frame). I hope the company is intent on getting those done.
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jeffgator

02/21/07 7:54 AM

#64231 RE: janice shell #64174

all knowing janice:
Please provide detail on the "more information" from CKYS that you refer to...