Steve paid the lenders but that was not good enough. Are you connected with that company? Furthermore I trust Steve over a poster on I-Hub. Investors should re-read the Shareholder Letter Filed under an 8K the details are in there. QTMM is on the OTC-QB.
Someone here said '30 days.' It doesn't say that in the company's October Update.
If it were me, and I had literally just told all my shareholders to expect the late 10-K to be filed within the 30 day grace period, and for whatever reason I couldn't meet that deadline, I'd explain why I wasn't able to keep my word to my concerned shareholders the day after I missed that deadline.