Thursday, April 02, 2020 2:40:30 PM
They now have 15 extra calendar days.
Don’t get me wrong... these financials should have been ready a month ago.
Delayed 10Q’s and (not so much) delayed 10k’s (because they are the only submission which must be audited) are both signs of a company that is poorly ran and in terrible health.
It’s not like the SEC showed up one day and said “you have 45 days 10Q, or 90 days 10k, to submit a full accounting of your company’s health”.
Every publicly traded company knows this.
Especially Mark Kay. Of course he knows it !
He was a big wig with JP Morgan...he knows.
He also knows that smart investors will stay away from this dog shit stock. He’s not counting on smart investors. He’s counting on the dummies...of which there are plenty.
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