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loanranger

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loanranger

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Re: None

Wednesday, 02/17/2021 8:07:50 AM

Wednesday, February 17, 2021 8:07:50 AM

Post# of 54032
The Company filed a FORM 12b-25 NOTIFICATION OF LATE FILING for the 10Q that was due yesterday. Part of its explanation is:
"A reclassification of net revenue will be presented as gross revenue, refunds and sales discounts."
"Management feels that this change is necessary to give users a clearer understanding of the financial statements as a whole. There will be no downward revision of previously reported figures as result of this change."

A clearer understanding? I can't wait.


Why would that make them late?

“I have had a wonderful time but this wasn't it.”
..........Groucho

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