eMax Holdings, Inc. (fka EMXC)

[Sonny]

Nixxy, i wasn't searching for 20 twenty, however, came across this within a a minute of searching.


According to AMR Research Firm, about 2,600 companies have market caps between $75M and $700M, and about 1,500 of them have fiscal closes during this period. Auditors had estimated that 15% to 30% of them would not complete SOX work by their deadline, and 300 companies had warned the SEC they were likely to miss the deadline for Section 404. SEC chief accountant Donald Nicolaisen said that his agency "is sensitive to resource constraints at accounting firms and at smaller public companies, and is taking this step to facilitate the successful and effective implementation of the [SOX] internal control requirements."

A deadline is a deadline, as I stated before, companies miss deadlines and ask for extensions all the time.