Wednesday, September 04, 2019 11:47:08 PM
However, I believe that if they have filed paperwork regarding a deal, that a quiet period is invoked and that may supersede the need to file a 10Q as they would have filed more expansive restructuring documents which would include that, among a lot more, information. And the SEC has to accept the filing first before it becomes public. So we could in theory be in that period now which is why no further updates have been made public and anyone who gets an email gets a generic "we're working on it" email.
Not 100% sure on that though. So someone please correct me if I'm wrong.
I do stand by my original assertion/belief though that there is SOMETHING holding them back from filing the 10Q and it's something more than "we just don't feel like it" and it's something more than "we're just really late on it. Our bad!"
Even in the past when they've been late in filing, they always file within the extension. Now they're really really late.
So I would guess that either something really good is in the works or something really bad. Here's hoping it's the former and not the latter.
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