Replies to post #14665 on Life Clips Inc (fka LCLP)

[knrorrel]

Thank you, that's great news and it's very good to know when you have a period of time // news coming // now it's just a few more days // the puzzle is coming together and there's something going on

[Dolly Llama]

Our fiscal year just ended on the last day of June, so the 10-K annual report would be due on September 28th. The company could then file for a 15-day extension, making it due on October 13th. The thing is, we only just filed last year's 10-K this past April, and the following three 10-Q quarterly reports for the third and fourth quarter of last year and the first quarter of this year have yet to be filed.

There's a good explanation at the SEC site. Life Clips is in the of "Non-Accelerated Filer" category because the float is less than $75 million. So the deadline for filing 10-K annual reports is 90 calendar days after the end of the second quarter each year, with an optional 15-day extension. The deadline for filing 10-Q quarterly reports is 45 calendar days after the end of the first, third and fourth quarters, with an optional 5-day extension.