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To: Cytotekk who wrote (11172)7/26/1998 12:23:00 AM
From: Arcane Lore  Read Replies (2) | Respond to of 34075
 
... I was under the impression that the Wells Submission was being required of TT before the SEC made a decision regarding the May 22nd news release. I guess I misunderstood the language in the release. ...

Cytotekk:

I believe you understood the release correctly:

... Furthermore, prior to the issuance of a complaint, potential respondents will generally have an opportunity to submit a written statement, referred to as a Wells Submission, explaining why anticipated charges should not be brought. ..."

sec.gov

See #reply-5149967 for further details on Wells submissions.