Replies to post #23429 on World Moto Inc (fka FARE)

[Jeep_Guy]

This is what I found on late filing

"However, if a company fails to file the missing report within the extended time period, no further extensions will be available and the SEC will consider the company to be delinquent as of the original due date of such report and is less likely to provide relief for the missed filing. For instance, if a company misses the extended deadline for a 10-K by a day, the SEC will consider the company to be delinquent for 16 days, not just one day."

http://www.lexology.com/library/detail.aspx?g=55c21e49-088b-4d06-ac42-dd1da71bb1f0