Re: NDA 's compliance with SEC rules...Bill...SEC filings
in response to
by
posted on
Jan 07, 2008 03:06PM
It is not the fact that they didn't put in any numbers. It is the fact that they filed the 8K as an "Other Event" and not as a "Material Event".
Your conjecture that the Judge has not signed off on it yet is interesting but, if that is the case, then why bother to file an 8K at all . What I am concerned about is how they chose to file.If the settlement is significantly more than normal, and it will have an impact on the share price, then it should have been filed as a "Material Event". If it is inline with all the other settlements to date then no 8K would be necessary.
I am sorry, I don't mean to bash, but they need to make proper filings and they should be held to task.I suggest we all email and ask for a response. So far they have not resonded to mine.