Replies to post #25812 on Advanced Container Technologies Inc (ACTX)

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Unfortunately, I rarely see the SEC acting on a company filing an 8K late, even months late

the only time is when the insiders sell shares into the market before the delayed 8K is filed, or if the company raises funds at a price tied to the market price, and the actual filing causes the stock price to drop drastically

You’re right, it’s 4 business days to file the 8-k...if the auditor change was Friday we could be within the 4 business days yet technically. Who knows when they actually resigned or were fired though. Friday is the latest it could have been based on the email that was posted from Jack.

The 14 days I was thinking of is how long MDTR has to make the auditors statement public if indeed they did resign. They could also file for a court order blocking the release of the statement if it was a resignation...again within 14 days.