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rfranke727

01/23/12 11:54 AM

#41969 RE: molly1 #41968

Honestly...
it was pretty much expected... the revenue was small as the company has just started selling product...


I imagine the revenue on the filings will be like a hockey stick curve..


real small.. then shoots up.


The one thing that stood out to me was that the filing was extremely more detailed than all of their other filings in the past.

The CEO said in numerous PR's that a name change is the plan and if anyone knows the SEC, as I have dealt with them before, they need every thing perfect.

So it seems the important part of the filings was not the revenue... but more so the details and DD that the CEO put into it so that the SEC would okay the name change.


Personally in my opinion I suspect that the 8k last week (about the new attorney) was just one more piece of the puzzle LECLERC needed to finish before the SEC approves name change.

Thats just my opinion