IMO-Today was not transparency. The audited financials are supposed to be the transparency mechanism.
Since when did on-time and accurate become mutually exclusive? Get it done right and on time. PERIOD!
I could care less what excuse or platitude is offered for failing to meet a deadline of their own making. Not to mention they should have had enough respect for their shareholders to disclose this earlier.
Who is advising them? I do not think it would have had the same negative impact as waiting until 3 minutes after market close to break the news.
HMMM and these guys want to get a deal involving space. Could they get to the launch pad on time?
Oh well another day in ice cream land...
MAYBE there will be some killer info released on Monday. It could happen!