It's been six weeks since the day OCZ Technology company published the quarterly financial report. The company's shareholders are in panic. Lawyers began collecting disgruntled troops, ready to sign a legal action to OCZ. And all for what? Because the SSD company was among the most affordable in the market. On one hand, it has allowed the company to quickly expand the market - in its repeated statements, OCZ is the largest supplier of solid state drives, on the other hand - the discount system and the increased cost of flash chips have led to significant losses in quarterly revenue.
Delay in publication reached U.S. Commission for Supervision of Securities - SEC (Securities and Exchange Commission). Commission representatives have requested both the press release OCZ - in one September, where the company says about waiting revenues declined from $ 130-140 million to $ 110-120 million, the other in October, which has already been said about the much larger losses. OCZ also must pass the regulatory authorities of other documents, including the transcript of discount programs. Related Products :
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