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Re: Daytrader2013 post# 32249

Thursday, 09/24/2020 7:21:17 PM

Thursday, September 24, 2020 7:21:17 PM

Post# of 63384
Actually that’s total BS ...

Company filed reason for not being able to file timely with SEC

https://www.otcmarkets.com/filing/html?id=14046078&guid=AAx6UKRdcsVlK3h

“PART III - NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 11-K, 20-F, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period.

As previously reported on the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 20, 2020, on such date, the Company filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of New York (the “Bankruptcy Filing”).
During the period leading up to and since the Bankruptcy Filing, the Company has been principally engaged in addressing bankruptcy-related matters. The Company’s financial, accounting and administrative personnel and consultants have devoted substantially all of their time to the maintenance of the Company’s ongoing operations, including the development of the Company’s post-petition strategy and negotiations with regard to the potential sale of its assets.”
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