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Friday, November 21, 2014 9:10:50 AM
They already told us that the fins will be late, so isn't bringing up the fact that there's a yield sign redundant
Company can file an extension; the thing is, the extension period requested is beyond what's allowed for an 'extended' timely filing for the quarterly report; in other words, MRIB attempted to make it look like a valid extension, when it wasn't - or wasn't to the point of preventing the 'yield' sign.
It's just another example of management's gross incompetence no matter how it's sliced and diced; for one thing, there is ZERO reason why financials cannot be completed in a timely manner, and for another, why file an extension with what is, essentially, a useless date?
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