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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

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To: Mark B. Martell, CCM who wrote (5418)3/30/1998 10:30:00 PM
From: BONZ  Read Replies (1) of 10903
 
Mark

SEC registrants must file Q 45 days after quarter end, except in instances of first time registration (TPI's case). In this instance, its 45 days after "effective date" of initial filing or the date on which the Q would have been required to be filed, whichever is later. In TPI's case their 1/31/98 Q would have been due March 15 so 45 days from effective date of registration statement would be later.

Filing was filed on 3/12/98, which is typically the "effective date". 45 days after 3/12/98 would bring us in around the end of April. I could be wrong, but I am not sure where the 60 days is coming from. I have never heard of it. I asked Samantha this question last week, she said she would check with John. I also told her they did not have to wait, could file Q2 early voluntarily. I don't recommend to my clients to do so, but it can be done...

Hope this helps.

Kirk

PS. Thanks Alan
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