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temp luvs amy

04/27/10 10:13 AM

#279 RE: opas60 #278

They haven't even filed the Form 3, and that is required in less than 48 hours after the transaction. There is a learning curve on SEC filings unless you have experience as a high ranking officer in a filing company.
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temp luvs amy

04/27/10 10:25 AM

#280 RE: opas60 #278

I also checked the Nevada filings, and it still shows Klinicki and Cavazos as the only directors. Muese didn't file anything to change that, but assuming he knew the shell was already sold, it would not be expected. He did file the required Form 3 and Form 4, but probably should have explained everything in a 13D filing.

Also, considering that Muese was in control when the "significant event" of his transaction occurred, the 8k might also fall on him until control is passed.