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Jackroch

03/21/11 6:29 PM

#3056 RE: bly03 #3054

"As of April 29, 2010, Clean Power Concepts, Inc. was acquired by General Bio Energy Inc., in a reverse merger transaction. Clean Power Concepts, Inc., through its subsidiary, General Bio Energy Inc., focuses on the production of bio-diesel and related products, from crushing fuel grade oilseeds. The company operates an integrated commercial oilseed crushing, bio-diesel refinery, environmental lubricants manufacturing and bottling, and nutraceutical and food processing plant in Regina, Saskatchewan. It manufactures, distributes, and retails essential oils, camelina, canola, flax, hemp, gourmet cooking oils, and skin care formulations under MOPO Environmental Lubricants, General Bio Health, and Spirit of Health names. Clean Power Concepts was founded in 2006 and is headquartered in Regina, Canada."

This is from: http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=26991961

I am assuming some of the financial filing deadline shifts had to do with sync'ing up the financial reporting of CPOW and General Bio Energy.

Michael Shenher took over leadership of CPOW in Feb 2010:

http://www.cleanpowerconcepts.com/docs/cleanpower8k020310.pdf

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steve5

03/21/11 6:58 PM

#3059 RE: bly03 #3054

Good point bly, maybe in practice the days are regarded as business days rather than calendar if a weekend comes in between
(that would be the case for all extensions except the ones filed on Mondays), just another possibility. So in that case we may see news until Thursday.
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techtrade

03/22/11 12:16 AM

#3061 RE: bly03 #3054

CPOW was moved from the OTC to the pinks for "failure to comply with rule Rule 15c2-11" which resulted in the delisting of 622 companies. This is through no fault of their own, something to do with not having a registered MM and in no way implies that anything has changed with the company itself. This article explains it much better than I can.

http://blog.redchip.com/index.php/stocks/otcbb-delistings-and-rule-15c2-11-what-happened


As for the filing deadline, the extension grants 5 calendar days from the original deadline, not from when the extension is filed. The original deadline was Mar. 15th (45 days after EOQ) So even though the extension was filed on the 17th the 10-Q should be filed tomorrow morning at the latest (should have been filed by EOD today but they could have filed it tonight after SEC hours and it'll show up tomorrow morning). Of course that's assuming they plan on filing on time.