As ever I may be wrong, but I do think that today (the 28th) is the day when VHUB files with the SEC either its 10K or the form indicating that the issuance of the 10K has been delayed. If we see the 10K, I'll be looking at:
1. Calculating the fourth quarter, by itself, results, as this may be a better starting point than the full-year results for use in making a first projection of results in the new fiscal year.
2. Executives and their salaries, particularly putting the Perlingos question to rest. I would want to compare salaries from year to year.
3. Issued common shares to see what sort of dilution, if any, has taken place since the time we first saw the 81 million number in an SEC filing describing Mr. Fife's involvement via entities like Typenex and Iliad.
4. The subsequent events section.
5. The risks section of the narrative, particularly relating to the FDA and perhaps to ijoy.
6. Dealings between board members and the company, particularly whether the Winther CPA firm is mentioned again.
7. The paragraph about the company as a "going concern," to see if the language materially varies from that in the prior 10K.
8. I'll also be curious to see if a separate press release is going to be promulgated about sales in August in order to see if the motif of monthly sales over $1 million has been preserved.
So maybe today will become interesting or we'll just see, late in the day, that we'll need to wait another couple of weeks to see "which end is up" with this company. Stay tuned...
