To: pebbea who wrote (26493 ) 9/22/1998 9:20:00 AM From: William Brotherson Read Replies (1) | Respond to of 50264
Todd, I don't know who is wrong, You or Cheryl. I talked to the SEC yesterday for quite some time. I talked to the Electronic Filing Division, Filing Help, Consumer Affairs, SEC Legal Division Atty: Bill ########, All of this was to find the answer to one question, "Is there anything on the face of the earth, that would make the SEC, not accept (kick back), a voluntary 10SB from a non-reporting company, who has not submitted for Naz listing yet? Answer: Filing of a 10SB from a company with less than 500 shareholders, "AND", less than 10 Million in tangible assets is considered voluntary, as they are not "required" to report to the SEC. Voluntary filings are never rejected by the SEC, upon review however, the SEC does send out a letter requesting the company voluntaraley(sp) remove said filings before they become "AUTOMATICLY" accepted after the 60 day waiting period from the date of filing. The SEC only sends these letters when they find a filing to be "Materially Defishant(sp) (lacking in substance) in one or more area's. It is then up to the company, to pull the filing or not. I believe in this case, it is the lawyers that DGIV hired to help with the filing, that are holding things up, NOT THE SEC... As has been stated before, the 10SB is not the final end all for our company. The 10SB is not why I bought in the first place. The years 2000, 2005, 2010, that is why I bought, for where they are going. The 10SB will only tell where they have been and point to where they plan to go. Well, I have been there with them so I don't need to know where they have been, and I can see where they plan to go and don't need to be reminded. Yes, I am as disappointed as everyone else about the price, But you know, the company is the last ones on the earth that control the price of there own stock, so I do not blame the company and just cannot understand why everyone else is! I have left a message on Mr. Templetons voice mail and hope for a call back to try and verify my thoughts. If and when I do get a call I will write again.. William Brotherson (wb229ahc@micron.net)