Really? That easy to discount a letter from the Attorney General of RI as just posturing? It appears someone knew this was coming and might be why the dump in share price.
Based on what I've seen from this company via Twitter and it's activity, I'm not surprised by their late filing. I probably will be submitting an inquire tomorrow to the SEC to get their input on the Chase deal and no 8k. Nick is not answering to the shareholders. He's leaving them out to dry.