InvestorsHub Logo

coloradoKid

07/09/12 2:52 PM

#66331 RE: havocjohn #66328

Havoc would you have delayed the 10k to get the Q1 &Q2 completed so that they release at the same time?

My take is that you get it completed internally while the accountants review/audit the 10k. We can assume that there were probably a few edits in the review cycle that needed to be carried forth into the Qs. Therefore, the release of the K On Monday followed by a couple of days of edits internally on Q1 puts us with Q1 reviewable accountants office on Thursday. Assuming the accountant did not take any breaks during last week's holiday
(a highly suspect assumption undoubtedly) that means the docs would go into edgarization no sooner than tomorrow. Throw on a few days buffer and you find that a release this week would be very amazing. I would say sometime after mid next week is probably a good starting point with about 2weeks for the q2 on top of that at the earliest for being current. That is just my humble opinion.

risk on

07/09/12 8:04 PM

#66368 RE: havocjohn #66328

"getting current might be high on his list of things to do, but I am not sure I agree he is very good at doing the paperwork in order to accomplish this. "

Well, agree previous( year ago). Back then part of the delay may be the result of management not providing some of the info in a timely manner. But, a big part was the 2 year audit of Allied, whose ppw was, well, what ppw?! Lol . So, here we are, and obviously SNEY has made marked improvement in getting current, and is in fact one Q from current.,

Show me a pink that was behind as far as SNEY, and had gotten current with AUDITED FILINGS. Not easy to find. That's a very good thing, and it's your Co, you should be proud to own it, because it's worth a lot more than what it's trading at now. That won't last.