Sunday, August 02, 2015 1:49:23 PM
"That means once 210 days pass from January 2 either they have moved forward or not and that is material. They get a little time from the SEC to do that update So they have until around Tuesday or Wednesday to get an update out."
I'm not so sure about the "or not" given that the filed amended contract says this....parentheses in original:
"(which date may be extended for an additional thirty (30) days at Customer’s option upon prior written notice to P2O)"
You or I might inform investors of the receipt of the notice of an extension, but if Heddle got one he might be keeping it to himself. In the trade I believe it's called the carrot dangle of silence.
So if we don't hear anything we get to assume one of two things:
1. There's a 30 day extension in progress.
2. Heddle's headed for ze hills.
“I have had a wonderful time but this wasn't it.”
..........Groucho
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