Technical analysis doesn't work as it is lagging and follow price We want something which is ahead of price and based on facts. Retailers losses 90% of the times because they follow lagging technical analysis which comes after price and i want something which is ahead of price.
Reason for Delay in Posting Financial Report:
State below in reasonable detail why the Annual/Quarterly Report could not be filed within the prescribed time period.
On November 11, 2019, the company announced a merger with Share International, which has its operations in the Peoples’ Republic of China. The closing of this transaction, originally planned for midst of February 2020, is delayed due to the circumstances in China caused by the COVID-19 virus. Share International is currently not able to deliver the closing documents and financial records of its China activities due to illness of some key employees. As this transaction was announced to the public by form of press release on November 11, 2019, the company is obliged to inform the public in its 10-K, as a subsequent event, about the materiality of the transaction and to publish the (unaudited) results of the 4th quarter 2019 of Share International, which are part of the required closing documents. With its head office in the Netherlands and having a Chinese Financial Director, the company itself is also hit by absences of staff due to the effects of the COVID-19 virus, causing a material slow-down of the activities needed to finalize the audited financial statements of the year 2019.
Anticipated Filing Date: [Please note that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly or Interim Report and 15 calendar days to post an Annual Report.] May 14, 2020 LOL!!!
Warning! This company may not be making material information publicly available. Last financial statement 9/30/2019!
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