Yes. That is why they filed a NT 10-Q. Just lets the SEC know that they're going to be filing a bit late and lets them know why. It's really not a big deal at all, as hmmauto pointed out they have done this before. And as you point out, OTC stocks do it all the time.
Why Hmmauto thinks it's buying people time to sell shares I do not know. There's no reason to think that anything bad is going to be coming in the quarterly report. Should see a moderate increase in revenues, though the Walgreen's sales wont be in the books until next quarter unfortunately.
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