Well I am not entirely sure but I believe financials have to be filed by a certain date in this case march 31. They can file asking for a 15 day extension but then if that passes I think the regulators/exchange can stop quotation on the board. I believe there is a 3 strike rule, maybe this is only strike 2 but i did not look carefully at all the reports and I do not know how late some of the 8-k reports were or if they count.
i know last year they filed late, not sure if its a strike if within the 15 day grace period as well. So this may or may not be an issue. But generally speaking having the financials on time would be best.
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