All it means is that the company filed late. They'll have 30 days to file. No biggie. The company went through that before (not that that's good), but I heard last time it happened the share price actually went up over 300% during that period because of the China Deal 8K. History will repeat itself when we get the BuyBack 8K, and debt reduction 8k/PR. ;-) Holding long and strong.
When a company that trades on the Nasdaq Stock Market or the Over-the-Counter Bulletin Board (OTCBB) falls behind in its reporting obligations with the SEC, the letter "E" is appended at the end of the company's stock ticker symbol. New York Stock Exchange-listed companies that are late in filing required reports to the SEC have the initials "LF" added to the end of their stock ticker symbol.
Markets have different approaches to companies that don't file required reports in a timely manner, or that file incomplete reports. For instance, on the OTCBB, after the "E" is added, the company is given a "grace period" to submit a complete report, typically 30 calendar days for U.S. companies and 60 calendar days for most U.S. banks and non-U.S. companies. If the company files complete required reports during the grace period, the "E" will be removed; if it does not, the company's stock symbol will be removed from trading on the OTCBB. For more information, please read the following:
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