"The Company is unable to file its annual report on Form 10-K for the period ended March 31, 2022 within the prescribed time period resulting from certain regulatory constraints imposed on companies in our industry, which are creating a significant financial hardship on the Company at this time — that we had reasonably anticipated would have been resolved as of the time of this report, but which remain unresolved. As a result, the inherent cost and expense in maintaining our public reporting obligations under the Exchange Act of 1934, as amended, will prohibit us from completing and obtaining required financial and other information without unreasonable effort and expense in a timely fashion. We currently plan to regain compliance as soon as reasonably possible."
What regulatory constraints? What industry is "our industry"?
Are those the same things that stopped him from filing his Form 4?
It's morally wrong to allow a sucker to keep his money.
......W. C. Fields
