Liberated Syndication Inc. (fka LSYN)

[lemons789]

NVM, this is what I could catch up to...

LSYN filed an NT10K(FY2019) on March 31 2020 and NT10Q(1Q2020) on May 15 2020.
Also on March 30, LSYN announced that they were delaying the FY2019 release and conference call (which was supposed to give an update on the results of the strategic review) until a later time.
The 10K results have since been released (May 18 2020), but the conference call date was still TBD.
The call has since been presented on May 20th.

CC May 20 2020 notes:
Strategic review completed: "helped us prioritize the best opportunities; there will be more on that in the future, but for example..."
They then go on to list revenue growth driving goals
- rollout of Libsyn 5 platform in 2020
- enhance marketing efforts to adapted to social distancing culture (whereas group events are traditionally big part of LSYN's marketing efforts)
- accelerate ad integration into offerings for podcasters on the platform
They then went on to discuss the recent NT10K/Qs and so on.

To me this sounds like the "market check to determine whether a buyer exists for the Company in a transaction that the Committee is willing to recommend to the Board" found no buyer at this time and they are thus looking to increase user base and revenue to make for a more attractive target.