AEGY and SKTO need to each address those stated cl
Post# of 36729
Posted On: 06/08/2014 3:55:39 PM
AEGY and SKTO need to each address those stated claims by COB Friday including providing:
1. current business addresses
2. audited fins
3. statement on who the exces are and what their roles are
4. what happened to prior management
5. clean up website and LAUNCH all the "COMING SOON" items
6. give a real update on path forward once they figure out what that is
7. etcetera, etcetera
The SEC is not going to tell them exactly what the issues are. Doing the above may not stop the path to the greys; however, it would show they are trying to address any concerns the SEC and shareholders may have and instill some investor confidence.
After they do the above, they may consider:
1. plodding along like they have been (let's hope not)
2. change management and secure a top notch CPA and law firm, as appropriate, and then:
a. stay on the grey's and continue to run and grow the business and then try to get back to pinks, etc
b. sell the businesses to another legit going concern
c. start up a new company and acquire SKTO & AEGY
d. get a legit, reporting and "current" shell and acquire SKTO & AEGY
e. go private and come back as an new entity
f. etcetera, etcetera
IMO
1. current business addresses
2. audited fins
3. statement on who the exces are and what their roles are
4. what happened to prior management
5. clean up website and LAUNCH all the "COMING SOON" items
6. give a real update on path forward once they figure out what that is
7. etcetera, etcetera
The SEC is not going to tell them exactly what the issues are. Doing the above may not stop the path to the greys; however, it would show they are trying to address any concerns the SEC and shareholders may have and instill some investor confidence.
After they do the above, they may consider:
1. plodding along like they have been (let's hope not)
2. change management and secure a top notch CPA and law firm, as appropriate, and then:
a. stay on the grey's and continue to run and grow the business and then try to get back to pinks, etc
b. sell the businesses to another legit going concern
c. start up a new company and acquire SKTO & AEGY
d. get a legit, reporting and "current" shell and acquire SKTO & AEGY
e. go private and come back as an new entity
f. etcetera, etcetera
IMO
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