Google it online .. Any broker will tell you the same thing "Late financials are nearly always an indication of bad financials".. Usually because it ends in a big sell off. I don't care I was just wondering why they would do it "all the time" .. It is common practice, but it's not "ok" and it's not " a good practice" and no, it does NOT always end well for investors.. As a matter of fact, in many instances, it's an attempt to hide something.. Good luck. Bye.. Hope it turns out to be everything you dream it is.