AB International Group Corp (ABQQ)

[stockfan100]

Nobody on this board knows the answer to that question. But, obviously the company is not the first and that is why there is a routine process by SEC to handle these kind of situations.

Here is how it works.

SEC will send a "comment letter" to the company and asks the reason(s) for the late submission. Company will reply and explain the possible reasons and then SEC sends a final report making suggestions for the reporting improvement. Meanwhile, if there is any penalty, it is often temporary and is lifted when company files the late report that is satisfactory to SEC.

Let's see what happens next.