Cogenco is short-staffed with a single employee and could not compile its financial information and complete its narrative disclosure in a timely manner to complete a review of the entire report by the deadline. Moreover, during and after the quarter ended September 30, 2009 Cogenco has been involved in negotiations with third parties related to potential business opportunities and/or transactions and those negotiations have required a significant amount of management's attentions.
GENESIS
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