Did Simmonds pull an April fools joke on all of us? On April 1 he filed form NT 10-K begging for a 15 day extension to the March 31, 2015 deadline for the release ACSX's 2014 year end financials, (due Dec 31, 2014). I'm no expert, but by my calendar 15 days from March 31 is April 15th. It is now April 16th, no filings were posted yesterday, or even today as yet, so the drama continues. I guess I'll microwave some more popcorn and sit by the computer, can't wait to see them and the accompanying MD&A. With no Goudas (bankrupt and sold off) no Plasticap (deal rescinded), and no new deal announcements, what's left to feel good about? Throw in the RBC litigation (12M$ allegedly disappearing from Goudas RBC credit facility) and there are many dark ominous clouds hanging over this story. The lack of any liquidity, is also a real troubling sign, as there is no reason why this stock should be $10.25 / share given the torrent of bad news, unless it is being manipulated somehow.
