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Friday, December 15, 2017 8:15:03 AM
Q4 will be included in annual report. The annual report has a longer lead time for preparation. Expect that in mid to late January. This will be only 4 months from previous filing. If it comes earlier, then great. If nothing is released once February hits, then it is time to be concerned.
The silver lining to this is that Q1 2018 closes January 31, 2018. If filings remain current, positive momentum from 2017 and Q1 2018 will show on filings due March 15, 2018.
All indications are that the pending filing will be audited (although there is some concern of validity of the engagement letter).
Because of the sentiment that there will be a release today, I have some funds cleared to buy an afternoon dip if people begin to sell on fear that financials are not filed.
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