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: Dan Budd who wrote ()	7/21/1998 3:08:00 PM
From: NewsTrader	of 1039

Saf T Lock (LOCK) is considering restating 1998 first quarter earnings after the firm's auditors expressed concern regarding the valuation of warrants issued in connection with an agreement with United Safety Action. The company hired an independent valuation expert to work with its auditors, and expects to have a report by July 31st. Saf T Lock is also the subject of an informal SEC Inquiry but does not believe it violated any laws or regulations.

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