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To: Quahog who wrote (6520)4/27/2001 11:43:03 AM
From: Nittany Lion  Read Replies (1) | Respond to of 6545
 
Well, speculation on my part but w/o "fully reporting" status, where's the obligation? At this point, the SEC could care less - sure there's a fiduciary responsibility to the stockholders but I'm sure the new mgmt. is more concerned with other things at the moment. Maybe they don't have the funds to pay those yahoos in Co. - truthfully, I hope changing Accountants is a top priority. Everything they've ever prepared has had to be amended, right? That business with the $3 mil. software arrangement was inexcusable IMO - 1st they make DS prorate the income reported, then they report the entire amount & finally they realize that it shouldn't be reported at all according to "Opinion # ?".

I wish I'd gone with my instincts on this one - so many signs, so very, very many. I really don't need any more "learning experiences". LOL! (kinda)

Gary



To: Quahog who wrote (6520)4/28/2001 2:39:53 AM
From: CYBERKEN  Respond to of 6545
 
I think there's a possibility you won't see a filing before the meeting. I can't think of any consequences at this time.
And I'm still not sure that they aren't thinking of abandoning that road for a while and concentrating on building something that could actually realize value if and when it does, once again, reach a liquid market.

Just my opinion, of course, and, for all I know, they all went fishin'...