Seychelle Environmental Technologies Inc (SYEV)

[The Scavenger]

The calendar year ended on February 29. The SEC requires a 10-K to be filed within 90 days of the year end. This would put the 90th day on May 29 which was a Sunday giving them an extra day which would have been May 30. The NT 10-K should have been filed on May 30 in lieu of the 10-K. The filing date of the NT 10-K does not change the prescribed filing date of May 30. Unless the company states otherwise, the SEC requires that when an extension is filed the 10-K should be filed on or before the fifteenth calendar day following the prescribed due date which would have made the new due date June 14. I believe in fact they are now late. Not really a big deal as the SEC will not take any action until a company is multiple filings behind. Just a pain for anxious investors.