Innovative MedTech Inc. (IMTH)

[stocktrader828]

Filing this with the SEC may actually be a good thing. They have to have a legitimate reason why their financials would be late, it can not be that their accounting department just screwed up, or that they want to bolster numbers etc. Usually they are delayed due to mergers, or acquisitions.

Dictionary Says
Definition of 'SEC Form NT 10-Q'
An SEC form required for companies that will not be able to submit their 10-Q filing (for quarterly financial results) by the SEC deadline or in a timely manner. SEC Form NT 10-Q requires the registrant's information and the reason why the 10-Q is delayed. It also provides for application for relief from the deadline.


Investopedia Says
Investopedia explains 'SEC Form NT 10-Q'
The form 10-Q is required to be filed within 45 days following the end of each of a company's first three fiscal quarters. If the 10-Q cannot be filed in a timely manner, the company must file a Form 10-QT with the commission. A very common reason for an NT 10-Q is a merger or acquisition, which prevents results from being incorporated in time for the filing. The SEC provides for "unreasonable effort and expense", with explanation, as part of the application for relief.

Read more: http://www.investopedia.com/terms/s/SEC-Form-NT-10-Q.asp#ixzz1pHNsw1M6


for those who do not know what it is. I am not saying this is true, but with a company with low financials a merger may not be out of the questions.