LOCK (Saf-T-Lok) Message Board

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Non-Tech : LOCK (Saf-T-Lok)

LOCK 23.99

0.0%

Feb 16 4:00 PM EST

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To: adam boshnyak who wrote (769)	7/21/1998 2:52:00 PM
From: xclently	of 1039

Lock filed an 8k @2:41:10 PM freeedgar.com Concerns: 1.Restatement of financial statement due to warrant valuation...>>>ended March 31, 1998 (the "First Quarter"). Specifically, the Company's independent auditors have expressed concern regarding the valuation of warrants<<< 2. Notification that the SEC is conducting an "informal inquiry" >>>Informal Inquiry by Enforcement Division. The Company also has received from the division of Enforcement of the Securities and Exchange Commission (the "SEC") an "informal inquiry" with respect to the Company and requesting that the Company produce to the SEC, on a voluntary basis, certain documents identified in the inquiry concerning the Company's business and securities. The SEC indicated in its letter that the "inquiry should not be construed as an indication by the Commission or its staff that any violations of law have occurred, nor should it be considered a reflection upon any person, entity or security." The Company has provided the SEC with the requested documents and intends to continue to respond fully to the SEC's inquiry. The company does not believe that it has violated any applicable laws or regulations. <<<

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