InvestorsHub Logo

roger wilco

04/17/18 11:06 AM

#4459 RE: BlueChip$ #4457

With a 15-12G filed the company does not have to file an audited 10k annual report. That is only for SEC fully reporting companies an option $GLUC has decided to get away from. I assume it's because of financial constraints. Accounting costs on a startup can become an overwhelmingly costly burden.

mongotrader

04/18/18 8:19 PM

#4460 RE: BlueChip$ #4457

My guess is the company likely de-registered so they could save money and post Annual and quarterly reports unaudited.

It makes sense for a growth company to reserve capital. They don't need audited financials. The CEO would never file a false or incomplete report anyway.

They likely post the annual report soon soon.