Previous management did not file after Q32016, and when ggmedia came in, in March, it had to unravel whatever should have been reported and get it filed. We have been told that has been done, and a review is in progress. There is no reason to disbelieve that.
Remember, this is also a reverse merger, not just an annual report. It is a new company with an old name. The ticker will change at some point as well, but for now, it remains the older company ticker with new officers, legal and other contact information. I would expect that to take longer than the simple filing of an annual report.
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