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Carini

03/28/17 11:53 AM

#59113 RE: waytoorandom #59112

Either way audit DEFINITELY coming this week!

The financials for the fourth quarter of 2016 will be filed with the annual report which is due Mar. 31. While filing separate fourth quarter financials is optional for OTC reporting companies, ISBG had planned on this filing to keep shareholders updated. The company felt it was prudent from a fiscal and time perspective to do a single filing on Mar. 31.

"With the restructuring of the debt notes, we were asking an awful lot of our accounting firm to get this done by Feb. 15," Williams said. "The additional six weeks gives them the necessary time to revise all the footnotes, remove the default status and complete the financial reporting."