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downsideup

01/26/12 7:53 PM

#54262 RE: longhorn 53 #54258

Fortunately, odds are that will happen...

Otherwise... why would you think this POS wouldn't be de-listed the day after the judge rules, if that means every last potential for it to be made legitimate, again, is being lost... and, the more, given the history and its sources ?

Turrini's had four years to "fix it"... and in that time has not once bothered to make the effort... although he's made at least one overt attempt in that time to rob the company blind for his personal benefit. Given the persistence of the patterns apparent here ? I'll gladly bet that pattern is also one that will repeat... if shareholders are clueless enough to allow it to repeat. That a minority of shareholders are willingly rooting Turrini on... only suggests to me that they're a part of the crowd who intend to be among the looters if Turrini succeeds in taking the whole thing down...




Eli's Gone

01/26/12 8:16 PM

#54263 RE: longhorn 53 #54258

The SEC is more than willing to work with a company to achieve compliance...generally, there is an SEC lawyer contact that the company should be interfacing with to insure proper steps are being taken and basically letting the SEC know we are working on it within acceptable timelines...

ignore them and at some point the hammer will drop...

wonder if any of our illustrious leaders is involved in this process...if not, why not...while the ultimate responsibility lies with the CEO---it would seem the awesome Audit Committee would be intimately involved according to their responsibilities and tasks as laid out here on page 60 or so...

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B5JFru-8cjwMYWVmM2RkNTMtYzE4Zi00Nzk3LWIzNDYtZTcxMmI1NGIxZTNh&hl=en_US

if and when the hammer drops, it will be too late...