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Re: Sprycel post# 41367

Sunday, 04/10/2016 7:51:48 PM

Sunday, April 10, 2016 7:51:48 PM

Post# of 63001

Because this year is different than last year!



Sure is. This year they have no CFO and no Corporate Secretary, who in most companies are the primary persons that are responsible for the preparation and filing of the SEC documents. They are also in a much worse financial condition than in prior years, with current liabilities of $20 MILLION more than current assets, which could cause problems when paying the auditor for their work.

Sure, it is different than last year. Things are much worse now. But I will certainly be watching to see if they actually can file the 10-K somewhat close to the actual due date for the first time in the last 3 years.