New Sec Filing

[Johnny Acree]

Just for fun, and partly due to recent typing about EM and the negative media, I looked up the Facebook IPO.

First off, the press, and the "annalist" were very positive about this IPO. Yes, Facebook was turning a profit. I think they showed a profit in 2009. source

We know that the Shreveport press is very negative on EM, but what about the national press? Is EM even on their radar?
Facebook filed their S1 Feb 1 2012 and held it's IPO May 18 2012. By my count that's 15 weeks.

EM filed their S1 Aug 3 2017, 15 weeks out will be Nov 16 2017+- OH LOOK! we have another month to go.

So, given the attention span of the public and the micro time span of the "news cycle". That's plenty of time for the press to hype this thing.

 

[Sailor Dog]

3rd quarter sec 10q for Elio tomorrow or Tues if late.

 

[Watashiwah]

It will be interesting to see how that 4,444 bucks kept them afloat all this time. Someone must have injected some bucks, somewhere along the way.

 

[BaldGuy]

3rd quarter sec 10q for Elio tomorrow or Tues if late.

Well, its Tuesday. Anxious to see how they spent that 4,444. Where is it?

 

[Maurtis]

Well, its Tuesday. Anxious to see how they spent that 4,444. Where is it?

Likely it all went to Starbucks? LOL!

I cannot see how the report could say anything other than "still broke". You would think if anything reportable happened they would shout it from the rooftops.

 

[Samalross]

They will have to report soon. Guess they are hoping for some good news to report at the same time.

 

[Johnny Acree]

I have a question.
If "10Q" is a quarterly report. Then why don't I see any "10Q" reports in the SEC list of ELIO filings?
I see "1SA" semi annual and "1K" annual.

 

[Samalross]

I have a question.
If "10Q" is a quarterly report. Then why don't I see any "10Q" reports in the SEC list of ELIO filings?
I see "1SA" semi annual and "1K" annual.

It will be a current report 1-SU

 

[BaldGuy]

They will have to report soon. Guess they are hoping for some good news to report at the same time.

This is a dumb question, but what if there wasn't enough left of the 4,444 to pay someone to do the reports? I would assume CPA's and such don't work cheap....

 

[Samalross]

This is a dumb question, but what if there wasn't enough left of the 4,444 to pay someone to do the reports? I would assume CPA's and such don't work cheap....

Not a dumb question.The reports are easy to do. No accounts receivable, sales or much of anything else. Government time estimates are 5.0 hours for a straight filing. The CFO should be able to knock it off in about thirty minutes, just punch in numbers on a standard form. If they can't afford to do this, they would have to declare bankruptcy (dissolution with no debts). The hard part, is that the person signing it is legally bound to tell the truth.