New Colombia Resources Inc fka NEWC

[microcaps1]

auditors are some of the most -- retentive people-(I hated auditing class myself-its like studying a navel w an electron microscope)

and they have ca 18 months of financials(that were possibly turned over to auditors)-not just one 1OQ or 10K- to review(10Q's)and audit 10k

although financials were posted as of 7-18-16 in an 8K (something potentially important to remember), the last 10Q was 5-20-15

SO auditors have to review (10Q's)and audit for 2 different subs(maybe 3 subs)the 10Q's/K's for periods ending
6-30-15
9-30-15
12-31-15
10K 3-31-16
10Q 6-30-16
10Q 9-30-16
the potential filings at the time NEWC provided auditors w materials ca 10-31 to reportedly 11-9

co's are given 45 days to post 10q's and 90 to post 10k's-a schedule many pennies cannot comply with
so whereas a 10-31-16 PR noted financials were completed and turned over to auditors(meeting that month end date promise itself was unusual for pennies when there was a 10q 10k backlog)...