Replies to post #8007 on Fifty 1 Labs Inc (FITY)

[watchdog11]

EPROM, how many public companies have run, how SEC filings have you done? If disagree go to SEC site and clip the rule and post it. And if you mean breaking the rules on the 8K filings is done all the time your living in the past. As Wilt use to say "a rule is a rule"

Dog

[watchdog11]

OK EPRIM, here's the rule (see below), the company has 71 days from August 1st to file the 8K financials on the asset purchase, which would be on or about the 10th day of October. No extension was applied for and none will be granted. Dog

NowAuto, Inc. Closes Its Definitive Asset Purchase Agreement with Global-E Investments

SCOTTSDALE, Ariz., Aug 01, 2005 /PRNewswire-FirstCall via COMTEX/ -- NowAuto,

From SEC
Update M&A checklists. Many of the new Form 8-K items may be
triggered by mergers and acquisitions. Entering into an acquisition or disposition agreement will trigger a Form 8-K disclosure requirement under Item 1.01 (definitive material agreements) if the agreement is “material.” Consummating the acquisition or disposition will trigger a second Form 8-K requirement under Item 2.01 (completion of acquisition or disposition of assets) if the acquisition or disposition is “significant.” It is possible that a company might deem an acquisition or disposition to be “material” under Item 1.01 but not “significant” under Item 2.01. Financial statements of the acquired entity, and any required pro forma financial statements covering the acquisition, will be required to be filed within 71 days of the date on which the Item 2.01 Form 8-K is due. An acquisition could also trigger a Form 8-K requirement under Item 2.03 (direct financial obligations) if the company borrows money to pay for the acquisition, or Item 3.02 (unregistered sales of equity securities) if equity
constituted a portion of the consideration for the acquisition.