Paysign Inc (PAYS)

[ebrie014]

Quarter and YE financials were done.

They were waiting on final sign-off from the auditor which was expected by this afternoon but as usual, everything and everyone is slammed and taking longer than what they say... for ex: I called the bank to get a refi and they told me to expect 25 days until someone actually looks at my file because they can't manage the influx of requests/auditors likely fielding thousands of calls about stimulus measures, taxes, etc..

Once sign-off is received, expect them to release the PR in the next few days to come with earnings call likely the day after that to allow people to read through it.

Not impressed with the last-minute delay either but I do understand the reality they are dealing with as I'm living it with some of the other companies I manage (private companies) - auditors have been delayed by over 2-3 weeks and constantly harassing them to get it done so we can provide audited financials to bankers, etc...

As noted, since the SEC knows this reality they extended the deadlines.