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Re: BuyerBeWhere post# 12806

Wednesday, 05/16/2018 7:24:32 PM

Wednesday, May 16, 2018 7:24:32 PM

Post# of 48252
Fun, isn't it? Lol. Yes, based on the two different time periods mentioned in today's filing, she is either working on the quarter just past (Jan, Feb, Mar), or the third quarter of last year (July, Aug, Sept), or the last three quarters all at the same time. Or maybe not. lol.


Anyway, here's what we know about Life Clips reporting deadlines each year:

10-Q Quarterly reports are due 45 calendar days after the end of the quarter. Deadline can be extended 5 days.

10-K Annual Reports are due 90 calendar days after the end of the second quarter. Deadline can be extended 15 days.

So:

First Quarter (Jan, Feb, Mar) 10-Q is due May 15, or May 20th with five-day extension.

10-K Annual Report is due Sep 28th, (90 days after end of second quarter) or Oct 13th with fifteen-day extension.

Third Quarter (July, Aug, Sep) 10-Q is due Nov 14th or Nov 19th with five-day extension.

Fourth Quarter (Oct, Nov, Dec) is due Feb 14th or Feb 19th with five-day extension.

~~~~~~

Life Clips filed for an extension for its 2017 First Quarter 10-Q, and filed the 10-Q on 5/19/2017 within the extended deadline.

Life Clips filed for an extension for its 2017 10-K Annual Report, and then became delinquent when it missed its 10/13/2017 extended deadline. It finally filed the 10-K on 4/4/2018.

The 2017 Third Quarter 10-Q was due on 11/14/2017. The company did not apply for an extension, and has still not filed the 10-Q.

The 2017 Fourth Quarter 10-Q was due on 2/14/2108. The company did not apply for an extension, and has still not filed the 10-Q.


The 2018 First Quarter 10-Q was due on 5/15/2018. On 5/16/2018 (dated 5/15/2108) the company filed for a five-day extension. The 10-Q is now due on 5/20/2018.

The fact that today's NT 10-Q referred to the period ending 9/30/2017 creates the appearance that the company can't file today's 10-Q because they are too busy working on the one from last November. Never a dull moment!



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