Funr (FUNR)

[Joefyffe]

The tweeted "deadline" could have been based on inexperience on her part of how long it would take to complete the filings. It could have also been based on someone else's estimate of time to completion by someone who is involved in the report compiling process, but ran into problems that have to be resolved in order to proceed. For that matter, they could have run across evidence of illegal doings by the company that they had to turn over and resulting in things being held up. We just don't know.

The only fault I hold against her, once we hit the end of the 3rd week of her announced timeline, she should have put out a simple tweet stating they had run into problems meeting the timeline previously announced. And state weather it looks to be resolvable in the the near future or not. I do hate companies that announce a timeline and then can't meet it, but more so the companies, that when they know they aren't going to meet that timeline, they established, to follow up with a statement of status. This just keeps us in the know and shows transparency to shareholders.

Not saying there are those who would not abuse this as well. But this is not a normal situation...this is a custodianship play, they never know what they are dealing with until they are all in. Kind of like bidding on real estate without being able to do a walk through before bidding. You get what you get if you win...and then figure out how to work through it!