Seprotech Systems Incorporated V.SET

overbill restatement

[bowmacwood]

ouch!   why can't SET sell their technology to someone who cares and can actually do something ?  this company is pure garbage  it will be delisted soon

[frenchfry1]

last year they delayed their financials forever and now we find out that  the financials are wrong.we are not talking about a multi-billion dollar company here with thousands of clients.this is a company with sales below $10 million with a few clients.how difficult can it be to get the numbers right

[Xoph]

You wonder why they are not selling more purification units to the Cdn gov. for Haiti, etc..?  Over charging their largest customer.....isn't that the Cdn military?  Boy, the jack-asses that run this place are unreal.  You've got one major customer to keep happy and instead of keeping them happy you spend your time an money on new patents that have gotten the company no

[frenchfry1]

maybe they should sell the patentsyou have to wonder what this bunch did this year to earn their $200,000 salaries,sales are way down from last year and now we hear they will probably be lower,over charging is never good,say good-bye to this customer.if they did over charge and i was the customer i'd take my business elsewhere.sales will be even lower next year.i can read the headline now

[Xoph]

how can this bunch celebrate tonight....You answered your own question before that:$200,000 salaries

[Xoph]

it will be delisted soonReally?  They still have lots of sales, not as much as I would like, and I don't think this will kill their relationship with the customer if it was an honest mistake or even a malicious act.   I don't think the company did this on purpose.  Ok they will have to adjust last year's numbers, etc... but they still are alive financially.  If

[Xoph]

The recent news surely answered my questions / concerns.  Lots of action in the stock today to the upside.