The 8k was required 4 days after the event. The ev
Post# of 8802
Posted On: 02/03/2016 8:52:08 PM
Re: wireshark43 #286
The 8k was required 4 days after the event. The event was the closing on 1/29 so that puts the 71 days in mid-April.
That being said...I pointed out on the hub that the first 8k said that UMS would not recv common shares until they gave them the audited fins for the SEC and this was a condition of closing.
The second 8k said UMS received their preferred stock that can be converted into common shares and the deal was closed.
IMO UMS has given iTALK those financials so I don't know if it will take 71 days.
In terms of a 401k for the employees (question from 420)...I am not sure. Also...UMS is holding company so I thought all employees belonged to the subsidiaries.
That being said...I pointed out on the hub that the first 8k said that UMS would not recv common shares until they gave them the audited fins for the SEC and this was a condition of closing.
The second 8k said UMS received their preferred stock that can be converted into common shares and the deal was closed.
IMO UMS has given iTALK those financials so I don't know if it will take 71 days.
In terms of a 401k for the employees (question from 420)...I am not sure. Also...UMS is holding company so I thought all employees belonged to the subsidiaries.
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