No idea, I would have thought, even if it ran beyond the due date we would have seen it about a week later. Maybe the auditors are doing the year end and first quarter and maybe they have to clean up some India stuff so I would guess since most accounting types are busy to April 15th, maybe the end of May. But there are also loans due and other stuff going on so perhaps the company is trying to clear things up.
There is and has always been a good chance they will just file for bankruptcy.
Id like to know how the story ends though. I mean all indications I have is that India is producing and selling product. The company is still in business and at least management owes its shareholders some sort of news release.Even companies failing do that.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.