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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!
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To: brad greene who wrote (5048)6/9/1999 10:10:00 PM
From: kemosabe   of 5847
 
I work for a government agency, but not the SEC. For some time now the buzzword for government was “downsize”. My office went from over a 1000 less than 5-10 years ago to under 400 today and its getting smaller. In the meantime our “mission” has grown several times over. The public clamored for a smaller bureaucracy but wanted more services and they wanted them faster. Frankly, I'm swamped right now. I can't remember what the top of my desk looks like anymore.

Now with the new listing requirements the SEC is no doubt overloaded, too. Governmental processes, reviews, approvals, etc done to protect the public take time. Government agencies are not necessarily proactive but rather are reactive: they rely on inputs - correct inputs.

I agree with the poster on Yahoo. Things are being done as expeditiously as possible. Those seeking instant gratification should go elsewhere.

I'm in this thing too and it has been a long wait.
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