Again, I dont think this can be construed as being bad for shareholders.
Financial disclosures have a lot of guidelines to them that must be followed especially when it's for a public company and even more important when said public company has 8-k material agreement with a SUPERPAC.
I'm sure the audit partner is sweating bullets over it making sure the whole 10-k is in accordance with GAAP. This is why it's delayed.
Of course if you have proof that the company is lying to us via their 8-k to the public, I'd love to see it.
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