Financial statement requirements under regulation S-B are similar to those under the old form S-18 in that the financial statements can be prepared in accordance with generally accepted accounting principles and are not required to comply with regulation S-X, which governs the form and content of financial statements otherwise filed with the SEC.
To provide a complete, stand-alone regulatory package for small businesses, the small business financial statement requirements, modeled after the form S-18 financial statement requirements, are included in item 310 of regulation S-B (see 17 CFR 228.
OTC) announced today that it has filed a post-effective amendment to its registration statement on Form S-18
(SEC File No.
Form S-18 is applicable to certain smaller offerings.
Accountants' responsibilities in connection with Form S-18 include:
Upon closing of the transaction, it is Waverly's intent to file a Post-Effective Amendment with the Securities and Exchange Commission (SEC) for its Form S-18
21 /PRNewswire/ -- The Securities and Exchange Commission has declared effective a post-effective amendment to the Form S-18
registration statement (prospectus) filing of VSI Enterprises Inc.
OTC: LNAE) announced today that its board of directors has determined that the extension of warrant exercise terms for the series A, series B and series C warrants which was announced in August of 1991 was not validated by the required filing of a post-effective amendment to the company's registration statement on form S-18
and that it is not in the interests of the company to file a post effective amendment with respect to such warrants.