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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: Mr. Aloha who wrote (5710)10/30/1996 6:56:00 PM
From: Sedona Oracle   of 13351
 
Bryan - Thanks for offering to share the cost of the S-8s. What part of $640 would you like? <g> Unfortunately, it turns out that the ONLY contractor for the SEC that does copying and distribution of forms non-electronically filed is a company called Disclosure Incorporated. They charge $40 per document when you deal with them directly (you do get next day service!). There are 16 S-8's, so the charge would be $640 (plus shipping, of course).

There is also a convoluted system for requesting them from the SEC. They then send the request to the same contractor who will get around to sending them out in 7 days at a cost of $.24 per page or in 1 day for $.36 per page (plus shipping, of course). So, since there are approximately 14 to 36 pages in each S-8, this cost is going to be about $110 to $160.

Now, IF SOMEONE OUT THERE HAS A SUBSCRIPTION WITH DISCLOSURE INCORPORATED, the costs could be a whole lot less! (Or maybe even, SOMEONE already has these copies AND COULD JUST COPY PARTICULAR PAGES OF INTEREST FOR US!?!)

DOES ANYONE FEEL THAT THEY HAVE A GOOD ENOUGH CONNECTION AT SEI TO JUST CALL THEM UP AND ASK FOR COPIES??? I FEEL THAT WE AT LEAST NEED TO KNOW THE NAMES OF THE INDIVIDUALS AND COMPANIES THAT WERE PARTY TO THESE S-8's!

Special thanks to Kevin Halter who so kindly provided me with copies of the 10KSB and 10K for review.

SEDONA John (Glad to not deal with the GOVT more than necessary!)
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