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Re: None

Thursday, 10/08/2015 9:07:52 AM

Thursday, October 08, 2015 9:07:52 AM

Post# of 8579
There is an element of irony with the delayed release of the annual SEC reporting, namely that the impact of the report, when released, is going to be less than would have been the case had it been released when originally expected (i.e. sometime in the last two weeks of September, with September 29 as the benchmark date as that was last year's date of release).

Why is this the case? ...because the first fiscal quarter results for FY2015-2016 might be released on or about November 14, as that was last year's release date of the Q1 numbers. If I were a betting man, I'd bet that the annual 10K release will have with it some managerial comment about how great sales were in the July through September period. ...and the investor community will all be waiting until mid-November to learn just how great those sales were, and whether those sales were sufficient to drive the bottom line to black ink.

And so, once again we who frequent this Board will all remain in "waiting mode" even after the annual results for FY2014-2015 have been released.