Replies to post #12258 on Born Inc. (BRRN)

[_Marti_]

The only way to know that for sure is if one is on the inside. Nobody here can answer that definitely. All we have to go on is the thought process of why someone (wieland/FiveT) would spend so much money on a clean shell just to let it go delinquent with the SEC reporting? That part doesn't line up with them not making a filing before the SEC deadline. If that was the plan, then they would have bought a much cheaper shell (1/10th the price max) and let it sit and waste away.

[horst]

It requires an SEC filing—I can't recall which one offhand—to change the date the annual report is due, which in turn determines when the quarters end, so I think it's for now safe to assume we're on the same schedule. The fiscal year ends April 30th. We got a 10-Q promptly on August 3rd for the quarter ending July 31st. I was hoping they'd stick to that 'as soon as humanly possible' timeframe, but no such luck. Technically I believe small caps have a 45-day window after quarter's end to submit a 10-Q, though most companies do it on roughly the 15th of the month following the end of quarter. Anyway, we could get it anytime. As _Marti_ just mentioned, only insiders (aka FiveT Capital Holding AG) would know specifically when it's going to be submitted.