● 12.12.07

●● Quick Mention: SEC Fails to See Novell Misconduct

Posted in Deception, Finance, Novell at 7:38 pm by Dr. Roy Schestowitz

Despite what we heard from Matt Asay, who spoke to Novell, the company gets the SEC off its back and it will unleash its report later today (Thursday).

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Novell, which had previously postponed its fourth-quarter results due to the review, will announce the results on Dec.13.

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It rather funny to find that regulation thrives in chaos. Despite admission of ‘massging’ figures, Novell gets the clear. Prepare to sigh when Novell tells you (later today) that everything is rosy, which is far, far from the truth. It’s a case of a naked emperor. █

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