MERRY CHRISTMAS !
Friday December 23, 2016 - 4:34PM EST
Item 3.01 Notice Of Delisting Or Failure To Satisfy A
Continued Listing Rule Or Standard; Transfer Of Listing
Finally released on the last day, near the last minute, and the very last second required to be made pubic by SEC rules. After the close of the day, on a Friday, going into a Xmas Holiday Weekend. Buried and almost hidden at the very bottom of another questionably needed or timed 8-K.
The company should have received a NASDAQ "notice" on Friday Dec 16, which would then be followed up by a "letter" on Monday the 19th. So they had five days to release the info to the public from the 16th. That would be by 5PM EST, on Friday the 23rd.
So, they just as easily could have released the NASDAQ Warning much earlier, and without trying to bury it under all of that other material. Stupid, isn't it? But that's what they are trained to do at those "How To Be A CEO And Trick The Investor" schools... lol.
Many already knew about all of this, but then again, there were also many who did not. Nevertheless, it is highly suspicious and very telling of the nature and integrity of the type of company that the public is dealing with when they appear to be misleading and/or making an effort to hide pertinent or required information, which ends up being hard to find. Just as it is important to be aware of Forward-Looking Statements that may allude to profits and no dilution... when the complete opposite turns out to be the result.
Thanks A Lot
JMO
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