Take Note

Lothar5150 · 03-08-2006, 10:59 PM

This security has only been quoted on the Pink Sheets on an unsolicited basis since it initiated trading in the public OTC markets. Pink Sheets has not received notice of the NASD clearing a market maker to publish their proprietary quotations in this security or the issuer registering to the SEC as a reporting issuer under the Securities Act. As such, adequate current information may not be publicly available for this issuer. Pink Sheets believes adequate current information should be publicly available when a security first enters public markets and that current financial information should continue to be provided on a quarterly basis. Pink Sheets has discontinued the display of quotes on pinksheets.com for this security until such information is made available by the issuer. Investors are encouraged to use care and due diligence in their investment decisions.

http://www.pinksheets.com/quote/quote.jsp?symbol=RCHN

snowwie · 03-08-2006, 11:39 PM

i think this thread belongs in the stock tips section

bigben2k · 03-09-2006, 01:25 PM

No actually it's about how Swiftech hasn't released their quarterly report to Pinksheets, the company (or affiliate of) that was (presumably) contracted by Swiftech to make their info publicly available.

So now Pinksheets is about to shut down their account, for failure to report.

Maybe Swiftech is listed somewhere else ?!? Only stock holders would know.

This could get ugly fast; the SEC (Securities and Exchange Commission) doesn't take too well to delays in reports.

Bill; get a lawyer.

Lothar5150 · 03-09-2006, 11:23 PM

Quote:

Originally Posted by bigben2k

No actually it's about how Swiftech hasn't released their quarterly report to Pinksheets, the company (or affiliate of) that was (presumably) contracted by Swiftech to make their info publicly available.

So now Pinksheets is about to shut down their account, for failure to report.

Maybe Swiftech is listed somewhere else ?!? Only stock holders would know.

This could get ugly fast; the SEC (Securities and Exchange Commission) doesn't take too well to delays in reports.

Bill; get a lawyer.

It's open season on CEO's of public companies who fail in their fiduciary duties

http://www.bizjournals.com/denver/st...26/story7.html

Joe · 03-10-2006, 08:13 AM

I will let this thread stay as long as it remains a discussion not centered around personal attacks as the last one evolved into.

I do agree that its quite interesting that they havent reported yet... maybe they are busy packing up the business and getting out of the country

jaydee · 03-12-2006, 12:12 PM

Are we sure Swiftech hasn't reported the info? I am pretty confused by this part:

Quote:

Originally Posted by pinksheets

Pink Sheets has not received notice of the NASD clearing a market maker to publish their proprietary quotations in this security or the issuer registering to the SEC as a reporting issuer under the Securities Act.

Almost seem the info maybe ready but not cleared to be posted.

I don't know.

Lothar5150 · 03-23-2006, 10:34 PM

It's almost the 2nd qtr of 2006 and still no 4th qtr 2005 finical reports.

jaydee · 04-06-2006, 09:40 PM

Reports posted.

03-08-2006, 10:59 PM	#1
Lothar5150 Cooling Savant Join Date: Jun 2002 Location: Surf City USA Posts: 433	Take Note This security has only been quoted on the Pink Sheets on an unsolicited basis since it initiated trading in the public OTC markets. Pink Sheets has not received notice of the NASD clearing a market maker to publish their proprietary quotations in this security or the issuer registering to the SEC as a reporting issuer under the Securities Act. As such, adequate current information may not be publicly available for this issuer. Pink Sheets believes adequate current information should be publicly available when a security first enters public markets and that current financial information should continue to be provided on a quarterly basis. Pink Sheets has discontinued the display of quotes on pinksheets.com for this security until such information is made available by the issuer. Investors are encouraged to use care and due diligence in their investment decisions. http://www.pinksheets.com/quote/quote.jsp?symbol=RCHN

03-08-2006, 11:39 PM	#2
snowwie Cooling Savant Join Date: Mar 2003 Location: New Jersey Posts: 154	Re: Take Note i think this thread belongs in the stock tips section

03-09-2006, 01:25 PM	#3
bigben2k Responsible for 2% of all the posts here. Join Date: May 2002 Location: Texas, U.S.A. Posts: 8,302	Re: Take Note No actually it's about how Swiftech hasn't released their quarterly report to Pinksheets, the company (or affiliate of) that was (presumably) contracted by Swiftech to make their info publicly available. So now Pinksheets is about to shut down their account, for failure to report. Maybe Swiftech is listed somewhere else ?!? Only stock holders would know. This could get ugly fast; the SEC (Securities and Exchange Commission) doesn't take too well to delays in reports. Bill; get a lawyer. __________________ WBTA (Water Block Testing Alliance) Nordic Hardware WC 101

03-10-2006, 08:13 AM	#5
Joe The Pro/Life Support System Join Date: Dec 1999 Location: Denver, CO Posts: 4,041	Re: Take Note I will let this thread stay as long as it remains a discussion not centered around personal attacks as the last one evolved into. I do agree that its quite interesting that they havent reported yet... maybe they are busy packing up the business and getting out of the country __________________ Joe - I only take this hat off for one thing... ProCooling archive curator and dusty skeleton.

03-23-2006, 10:34 PM	#7
Lothar5150 Cooling Savant Join Date: Jun 2002 Location: Surf City USA Posts: 433	Re: Take Note It's almost the 2nd qtr of 2006 and still no 4th qtr 2005 finical reports.

04-06-2006, 09:40 PM	#8
jaydee Put up or Shut Up Join Date: Dec 2001 Location: Spokane WA Posts: 6,506	Re: Take Note Reports posted.

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