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Microcap & Penny Stocks : Wrapsters, Inc (OTC BB: WRAP) Corp. Profile and Discussion
WRAP 2.812+3.4%Oct 31 9:30 AM EST

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To: WRAP_IR who wrote (47)7/6/1999 11:33:00 AM
From: TLWatson59   of 51
 
Good luck to you on proposed endeavor.

Having spent the major part of my adult life in Wall Street,inculding Venture Capital operations, I am aware of the realistic time frame for the filings you cite. Having placed private venture capital then been involved with their IPO's I don't see, since current operations are now limited in scope with two real operating locations, why the time frame for auditing and filing should be longer than four to six months from inception, provided you use a recognized national accounting firm and not the local Mom and Pop variety. The proposed acquisition not withstanding. In fact, it would be foolish to assume concluding any acquisition without presenting a clear financial & operations picture would be feasable. If nothing else, the sales figures should have been available to local taxing authorities for confirmation when remitting sales taxes. I don't recall state and or municipalities taking your word for it for too long.

But in any event, you have your job to do which is putting the promoters best foot forward.
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