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Re: Jimmy99er post# 5771

Wednesday, 11/14/2018 5:11:07 PM

Wednesday, November 14, 2018 5:11:07 PM

Post# of 9744
What must an issuer do if it misses the filing deadline for a quarterly or annual report?

Rule 12b-25 requires an issuer that is unable to file all (or any portion) of a quarterly report on Form 10-Q, an annual report on Form 10-K and certain other reports within the prescribed time period to file a Form 12b-25 with the SEC.

What is the benefit of filing the Form 12b-25?

If the conditions of the Rule are met, filing the Form 12b-25 gives the issuer 15 additional calendar days to file a late annual report and five additional calendar days to file a late quarterly report. Moreover, if the report (or the incomplete portion) is actually filed within the 15-day or five-day grace period, the report is deemed to have been timely filed.

Patiently waiting... and holding my shares.
Be well.

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