LATE 10Q. NOT SURE WHY...BUT...
This company has historically been on time and transparent. They haven't hidden bad news...they have always filed regardless of the results.
I don't think that the Q being late signals a bad quarter...they've always filed their reviewed statements one way or the other, and just let the chips fall where they may. I suspect that there's another reason that it's late, and the decision was made that it would be better to file late, and keep whatever they're working on secret a bit longer. Remember that there is $150k-ish of tooling expense on the balance sheet. THEY HAVE BEEN INVESTING IN SOME TYPE OF MANUFACTURING RUN.
Time will tell. Like everyone else here, I'm tired of waiting. Weeks have dragged into months, and months into 2+ years. It's time for some news and an unveiling.
