Q.
How do I contact STC?
A. You can call us at (972) 963-0004 or
write to 2591 Dallas Pkwy, #102, Frisco, TX, 75034.
Q. How do I submit documents to STC?
A. E-mail
us your documents to be filed
through the EDGAR system and our trained staff will convert them into
the special EDGAR format. We can format documents from Microsoft Word,
WordPerfect, Excel and RTF to the new EDGAR II standards. We will
then return the formatted file for your review and any changes. Once
we receive your final approvals, we formally submit the document to
the SEC on your behalf. Once the document is received by the SEC an
email confirmation is sent directly to you.
Q. What is HTML?
A. HTML stands for HyperText Markup Language.
This is the language understood by software used to browse the web.
Q. How is HTML different from ASCII?
A. HTML is "format rich," allowing formatting
not available in ASCII; for example, it allows bold, italic and underlined
type, font selection, type size, etc. ASCII is a mono-spaced font
allowing none of the above formatting options. HTML will allow the
EDGAR submission to more closely resemble the printed version of the
document.
Q. What do we have to do differently from
what we currently do?
A. Anticipate more lead time to produce
the filing in HTML. If a PDF file is to accompany the official EDGAR
filing, allow more lead time for that production and also be prepared
to proof not only the HTML file, but the PDF file as well.
Q. Will ASCII filings still be allowed?
A. Yes, for an indeterminate amount of time.
In a recent release, SEC officials stated that they "expect to require
HTML for most filings as soon as practicable, so we encourage filers
to use it and gain experience with this format..."
Q. Can we have graphics in our filings?
A. Yes, after the implementation period
which currently extends from June 28, 1999 to Summer 2000.
Q. What are links?
A. Hypertext links allow the user to move
through a document by clicking on a highlighted link. For example,
by clicking on "Management's Discussion and Analysis" in the table
of contents, the MD&A section is automatically displayed. This eliminates
the need to scroll through the document page by page until the desired
section is displayed.
Q. What can't HTML do?
A. HTML can't set tabs or create tables,
as in typesetting systems or word processors; control spacing before
and after paragraphs; set indents; force page breaks; or control fonts
on the reader's system.
Q. What is PDF?
A. PDF stands for Portable Document Format.
Documents in PDF must be viewed using the Adobe Acrobat Reader.
Q. Can the EDGAR filing be posted to my Web
site?
A. Yes. The EDGAR version is Web-ready;
however, due to the limitations imposed by the SEC for the EDGAR system,
the document is not formatted as richly as it might be if it were
produced without the restrictions of EDGAR/HTML coding.
The SEC’s current position on the use of HTML is as follows:
“The EDGAR system accepts both ASCII and HTML documents as official
filings. The Commission is not now requiring the use of HTML. However,
the Commission expects to require HTML for most filings in the future,
so it encourages filers to use it and gain experience with this
format if they do not have it already. If HTML is used, each EDGAR
document may consist of no more than one HTML file.”
Note: The SEC does not use the standard version of HTML. There
are many HTML codes that the SEC does not allow in Edgar documents;
therefore, it is not possible to simply save a document as HTML
from your word processing software and file this document with EDGAR.
At STC, we believe that the HTML documents are a vast improvement
over ASCII in terms of appearance and readability, and we encourage
HTML filing. HTML gives you an edge in competing for the investment
dollar. Note that many filers are putting their primary document
(such as the 10Q or 10K) in HTML, and any exhibits in ASCII. In
this manner, they achieve the benefits of HTML readability for the
primary document, while keeping costs to a minimum.
Another alternative is to utilize Adobe Acrobat .pdf files. These
files are NOT recognized as an official submission; they are only
a supplemental filing to the ASCII or HTML filing. However, although
.pdf files do not offer the characteristics of HTML (no color or
hyperlinks), they are generally more readable and printable than
ASCII files.