No, not worried.  Just because the SEC sends a le

No, not worried.  Just because the SEC sends a letter for clarification, does not mean there is reason to "worry".  Case in point : http://www.sec.gov/Archives/edgar/data/320193...-index.htm ... is anyone worried about Apple because they received an almost verbatim wording letter from the SEC.

OK... granted, there is still an open issue that appears to have not been responded to, however, the original issue was responded to as requested.  I can imagine its a little frustrating when the SEC asks a question, you respond, and they don't like your response so they ask again.  I will leave it to Steve to respond to your questions, however I don't think there is any reason to be concerned.

And... on a side note... isn't this section of the SEC letter typical governmental speak:

Since the company and its management are in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made.

In responding to our comments, please provide a written statement from the company acknowledging that:

? the company is responsible for the adequacy and accuracy of the disclosure in the filing ;
? staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to the filing; and
? the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

So, tell me (rhetorical) ... if the SEC deems the company responsible, then why does the company need to STATE they are responsible???  However... and this is the best part... the company can not refer them back to the section where the SEC deems them responsible.  Too funny !