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Strategies & Market Trends : The Amateur Traders Corner

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To: Brasco One who wrote (15132)10/19/2001 4:38:30 PM
From: RockyBalboa  Read Replies (3) of 19633
 
Here's work for small cap detective Brasco:

SFTY, Esafetyworld, the son of Saf-T-Lock & Saf-T-hammer?

5 employees, clean payroll, a Nevada corporation.

1M kashner-davidson I PEE OU of march 2000. Late in filing 10-K in October saying what? (NT-10K: sec.gov

The Registrant has not been able to complete the audited financial statements and other narrative information necessary to enable it to complete the Registrants' Annual Report on Form 10-KSB by September 28, 2001, the required filing date, without unreasonable effort and expense. The Registrants' auditor is located in Manhattan and their activity was disrupted by the recent tragedy.

but in the same filing:

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

The Registrant anticipates reporting revenues of approximately $1,260,000 and pretax income of continuing operations of approximately $310,000 for the year ended June 30, 2001, compared to revenues of approximately $720,000 and pretax income from continuing operations of approximately $39,000 for the year ended June 30, 2000. The Registrant is still in discussion with its auditor regarding estimates relating to discontinued operations and certain intangibles.

Now what? Ney York tragedy, or book not ready??
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