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	<title>Comments on: How to Profit Off Shareholders 101&#8230;</title>
	<atom:link href="http://www.footnoted.org/my-big-fat-deal/how-to-profit-off-shareholders-101/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.footnoted.org/my-big-fat-deal/how-to-profit-off-shareholders-101/</link>
	<description>Michelle Leder's guide to what's hiding in SEC filings</description>
	<pubDate>Thu, 16 Oct 2008 06:54:48 +0000</pubDate>
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		<title>By: Frank Graham</title>
		<link>http://www.footnoted.org/my-big-fat-deal/how-to-profit-off-shareholders-101/#comment-948</link>
		<dc:creator>Frank Graham</dc:creator>
		<pubDate>Wed, 11 Oct 2006 16:53:27 +0000</pubDate>
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		<description>Thanks.  Been watching these since meltdown of
online colleges (see COCO story below).
Still this is amazing info into what a racket some of this DeVry type stuff can be.  Promise kids the moon and yet the owners keep the cheese.  Kids can't get a decent job or just one with some outfit that has a connection with the 'school'.  
Maybe accounting should be a major at DeVry 
seems quite a need for it.
Corinthian Colleges Receives Nasdaq Staff Determination Letter
Last Update: 10/5/2006 7:45:00 AM 
SANTA ANA, Calif., Oct 05, 2006 /PRNewswire-FirstCall via COMTEX/ -- Corinthian Colleges, Inc. (COCO) has received a Nasdaq Staff Determination letter stating that the Company's common stock is subject to delisting from The Nasdaq Global Select Market for failure to file a fiscal 2006 Form 10-K with the Securities and Exchange Commission (SEC) by the required deadline. Timely filing of annual and periodic reports with the SEC is required for continued listing under Nasdaq Marketplace Rule 4310(c)(14). The Company had previously filed a Form 12b-25 with the SEC indicating that the Company would be unable to file its Form 10-K by the original filing deadline of September 13, 2006 due to the Company's ongoing review of its historic stock option grants. 

The Company appealed the Staff Determination and has requested a hearing before the Nasdaq Listing Qualifications Panel (Panel). Filing a request for appeal will stay the suspension of trading in the Company's securities pending a decision by the Panel, and the Company's stock will remain listed during this time period. However, there can be no assurance the Panel will grant the Company's request for continued listing. 

The Company will file its Form 10-K as soon as practicable. 

About Corinthian Colleges, Inc. 

Corinthian Colleges, Inc. is one of the largest post-secondary education companies in North America, operating 95 schools in 26 states in the U.S. and 34 schools in the seven provinces of Canada. The Company's mission is to prepare students for careers in demand or for advancement in their chosen career. Corinthian offers diploma programs and associate's, bachelor's, and master's degrees in a variety of fields, including healthcare, transportation technology, criminal justice, business, information technology and trades.</description>
		<content:encoded><![CDATA[<p>Thanks.  Been watching these since meltdown of<br />
online colleges (see COCO story below).<br />
Still this is amazing info into what a racket some of this DeVry type stuff can be.  Promise kids the moon and yet the owners keep the cheese.  Kids can&#8217;t get a decent job or just one with some outfit that has a connection with the &#8217;school&#8217;.<br />
Maybe accounting should be a major at DeVry<br />
seems quite a need for it.<br />
Corinthian Colleges Receives Nasdaq Staff Determination Letter<br />
Last Update: 10/5/2006 7:45:00 AM<br />
SANTA ANA, Calif., Oct 05, 2006 /PRNewswire-FirstCall via COMTEX/ &#8212; Corinthian Colleges, Inc. (COCO) has received a Nasdaq Staff Determination letter stating that the Company&#8217;s common stock is subject to delisting from The Nasdaq Global Select Market for failure to file a fiscal 2006 Form 10-K with the Securities and Exchange Commission (SEC) by the required deadline. Timely filing of annual and periodic reports with the SEC is required for continued listing under Nasdaq Marketplace Rule 4310(c)(14). The Company had previously filed a Form 12b-25 with the SEC indicating that the Company would be unable to file its Form 10-K by the original filing deadline of September 13, 2006 due to the Company&#8217;s ongoing review of its historic stock option grants. </p>
<p>The Company appealed the Staff Determination and has requested a hearing before the Nasdaq Listing Qualifications Panel (Panel). Filing a request for appeal will stay the suspension of trading in the Company&#8217;s securities pending a decision by the Panel, and the Company&#8217;s stock will remain listed during this time period. However, there can be no assurance the Panel will grant the Company&#8217;s request for continued listing. </p>
<p>The Company will file its Form 10-K as soon as practicable. </p>
<p>About Corinthian Colleges, Inc. </p>
<p>Corinthian Colleges, Inc. is one of the largest post-secondary education companies in North America, operating 95 schools in 26 states in the U.S. and 34 schools in the seven provinces of Canada. The Company&#8217;s mission is to prepare students for careers in demand or for advancement in their chosen career. Corinthian offers diploma programs and associate&#8217;s, bachelor&#8217;s, and master&#8217;s degrees in a variety of fields, including healthcare, transportation technology, criminal justice, business, information technology and trades.</p>
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