"Got to be soon, right?"
Nope. As another EXAMPLE, MYEC (a scam) was, unlike 'dark' Form 15 AMFE, an SEC registrant and SEC reporting company. MYEC filed audited 10-Ks through 2015.
Then stopped.
Claimed the delay was due to:
1. accounting issues with the Israeli subsidiary it acquired, THEN it was
2. have to have a CPA translate Israeli accounting practices into USA GAAP accounting, THEN it was
3. Israeli accounting firm won't release records until we ay them, and we dispute what they claim we owe them, THEN it was
4. we hired a new US accountant and it will take him time, THEN it was
5. new US accountant is sick (yup, that was the excuse!), THEN it was "now we have hired a new, non-sic US accountant and it will take her time to finish the financials", THEN it was
6."All financials will be filed by end of the year (2017), THEN it was
7. "The company lacks sufficient funds at this time to pay for the auditors so they wn't release the audit until we pay", THEN it was
8. All financials will be filed by the end of the month", THEN it was
9. The SEC REVOKED the registration and FINRA deleted the ticker late in 2018 - with THREE YEARS of delinquent financials missing.
Butt like with AMFE and Rogerolly, there were endless excuses and "VERY early in the New Year<?b> promises and promises and they were in Tweets and shareholder letters.
And like AMFE, despite the shareholders being suggested that the business was expanding (in MYEC's case to the Union Bank of Africa), the financials were bleeding REDD ink which is why the financials were late.
And still are.
Post-revocation.
