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Logic1

06/07/21 8:24 AM

#10568 RE: penguin007 #10567

Failure to Meet Form 10-Q Filing Deadline

When a company fails to file a 10-Q by the filing deadline, it must use a non-timely (NT) filing. An NT filing must explain why the deadline has not been achieved, and it gives the company an additional five days to file. Companies are required to submit an NT 10-Q to request the extension and explain the delay.

As long as a company has a reasonable explanation, the SEC allows late filings within a specified time period. Common reasons why companies are not able to file on time include mergers and acquisitions (M&A), corporate litigation, an ongoing review by corporate auditors, or lingering effects from a bankruptcy.

Kramrer

06/07/21 8:25 AM

#10569 RE: penguin007 #10567

Quarter ends 4/30/21 not 3/31/21. CNGT has an odd reporting period. look at the filings...https://www.otcmarkets.com/stock/cngt/disclosure

Nutty investor

06/07/21 8:26 AM

#10570 RE: penguin007 #10567

This is my understanding and being so late that’s is why our pps is dropping, my theory is the 10Q will be released once recommerce is worked into the company reorganization, and then we will get all updated forms shortly atfer