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PhilaDAFFIA

04/23/10 4:16 PM

#130 RE: Rotary Guy #129

They have audited financials which are not the same as Q's or K's. There's a myriad of other required info in those filings. I don't think it would be all that big a deal (mostly cut and paste), but they'd have to pay a third party to put it together, then run it by a lawyer (ugh). Don't know why they haven't taken the extra step.
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Mr. Bill

04/23/10 4:58 PM

#132 RE: Rotary Guy #129

With all the filings they are behind it is likely this stock will not even apply for the OTCBB for one to two years or more!

What makes you think they will be allowed to skimp on their filings?

Even a greater concern what if the SEC suspends them because they are not up to date on their filings?

What happens then?

They sit and dont trade for two weeks and then come back on the GREY sheets and die - thats what?