Sunday, June 28, 2020 11:03:16 PM
In an 8-K/A filed on April 9, 2020, the Company reported that it would be late in filing its 10-K annual report and its 10-Q quarterly report, and reported that it expected to report these on May 14, 2020 and June 26, 2020 respectively. The 10-K was not filed by May 14, 2020 due to both the Company key employees and members of the Auditing firm being affected by travel and work restrictions stemming from the COVID-19 pandemic. The Company further reported in its press release dated June 16, 2020 that it expected to file the 10-K in 7-10 days. The Company further reports that the 10-K is further delayed and is expected to be filed on or before July 1, 2020. The 8-K/A also reported that it expected to file the 10-Q for the period ended March 31, 2020 on or before June 26, 2020. The Company further reports that the 10-Q is expected to be filed on or before July 6, 2020.
Clearly the delay was reasonable and the dates are above. The reaction on a Friday was not a surprise but I personally think the market over reacted and I have to say I will have the net out if anymore fall out. LOL Greedy yesssssssssss.
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