courtesy of capx on iv board

What the company says about their disclosures (or lack of "transparency")...
if there is a problem, reed and tomz go down for filing false filings with the sec

I don't think they're taking that risk

as of late oct, when they signed off on this, all was well and stil is

I suspect they had already had preliminary discussions with the sec at this point; maybe not

point is they addressed internal controls in the filing and that's good enuff for me

got some football bets to win

gl

Read the last 10Q (3Q2013):

"...

ITEM 4. CONTROLS AND PROCEDURES.
Disclosure Controls and Procedures
As of September 30, 2013, management, including our Chief Executive Officer and Chief Financial Officer, performed an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934. Based on their evaluation, management concluded that, as of September 30, 2013, our disclosure controls and procedures are effective to ensure that material information required to be disclosed by us in the reports that we file or submit under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within
the time periods specified in the Securities and Exchange Commission’s rules and forms, and that it is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure..."



These are legal issues dealt by Company's legal staff.



If a company is progressing to implement a DISRUPTIVE technology, fierce resistance and obstacles are bound to arise. Less

Sentiment: Strong Buy