Friday, February 11, 2011

Update on Mutual Fund

The current update on the mutual fund is unfortunately there is no material update to report.  I was hoping for some news by early February, but thus far we have not had any initial response from the SEC.  I was told to expect a response in 45 to 60 days from filing, and it's in the 50s day range now, but thus far no contact.  We did have a holiday week to deal with in late December so also could be a factor but I don't know.  I'll give another update in 2 weeks (or sooner) if I get the initial round of response back.

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