How can they be so far apart from the auditors? They work on the books as they go along during the year.
Scox[E]:
The Company is examining certain matters related to the issuance of shares of common stock issued under the Company's 2000 Employee Stock Purchase Plan and potentially its other equity compensation plans. More time is needed to compile and analyze all relevant data.
You need more time to compile the Data from 2000? 5 years wasn't enough?
The auditors don't say what it is about, they only agree:
. . .The Company was unable to file its Form 10-K by January 31, 2005 without unreasonable effort or expense because the Company needs more time to adequately compile and analyze supporting documentation and provide such documentation to its auditor. Consequently, the Company's auditor was unable to complete the audit of the Company's financial statements within the necessary period of time. . . . ------------------------------------------------ In other words, the auditors won't say what the issue is about.
So .....
How can things be so screwed up they can't file the 10K before the delisting would happen?
Y4
~ Merkey v The Internet et al Docs ~ Yahoeuvre ~ tuxrocks.com (SCO cases legal docs) ~ scofacts.org ~ eagle.petrofsky.org ~ Zen's Den ~ Yahoo SCOX Message Board ~ Lamlaw ~ Microsoft Watch ~ Groklaw ~ Korgwal - a Groklaw mirror ~ nosoftwarepatents.com ~ Flame Warriors ~ SCOXE Wars ~ Get your Merkey Number here! ~ Digital Law Online
Make a new account