14 JAN 16 Blog: Quote: "Lastly, it may be rele
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Posted On: 06/08/2016 12:11:50 AM
14 JAN 16 Blog:
Quote: "Lastly, it may be relevant to note that the filing of the Form 10-12(g) is completely optional for HHSE, in that there is no "deadline" other than our own target goals. There are no S.E.C. penalties if HHSE files the registration on this day or that day - or not at all. The ramifications of not filing, however, are shareholder disappointment and an empowerment of the stock short sellers and price manipulators. So obviously, HHSE management has always viewed the filing of this registration statement as mandatory for the obliteration of the factors that have damaged the PPS.
If it appears that the auditors will not be completed prior to the end of January, or if there are any other issues that might cause a delay in the filing of the Form 10-12(g), then a further Form 8 update would be merited. Until then, we are on standby to submit the filing at a moment's notice (upon receipt of the final auditor's report)." End Quote.
Eric is spot on regarding impact on PPS. I haven't seen the merited Form 8 Update, if someone has a copy and could post, please do.
Quote: "Lastly, it may be relevant to note that the filing of the Form 10-12(g) is completely optional for HHSE, in that there is no "deadline" other than our own target goals. There are no S.E.C. penalties if HHSE files the registration on this day or that day - or not at all. The ramifications of not filing, however, are shareholder disappointment and an empowerment of the stock short sellers and price manipulators. So obviously, HHSE management has always viewed the filing of this registration statement as mandatory for the obliteration of the factors that have damaged the PPS.
If it appears that the auditors will not be completed prior to the end of January, or if there are any other issues that might cause a delay in the filing of the Form 10-12(g), then a further Form 8 update would be merited. Until then, we are on standby to submit the filing at a moment's notice (upon receipt of the final auditor's report)." End Quote.
Eric is spot on regarding impact on PPS. I haven't seen the merited Form 8 Update, if someone has a copy and could post, please do.
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