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Officiousintermeddle

09/09/19 1:20 PM

#3234 RE: Alvie #3233

Yes, it could be cost-cutting, but if results were good, my guess is that they would release the news.

There is no Q4 quarterly report, at least not as far as the SEC is concerned - it's always done through the 10-K annual report, but it's due by September 28. They filed late last year, which was costly, since it prevented them from renewing their franchise registrations and thereby put a hold on franchise sales activities until they could file the 10-K and update the franchise registrations. Not a mistake a cash-poor franchise business can afford to repeat.