8Ks are not a substitute/or requirement for PR's, yet necessary for changes in accountants, counsel, CEO's etc. not typically for sales no matter the size?? even in this market.
Putting the advance in the 10Q satisfies the filing requirement. Do we really NEED (MUST) to know the payor/silo? or just that it's been booked? even as much as We'd like too know.
Too many think that 8K's are for PR events. SEC does not see it that way.
Form 8K has mandatory event filing, some are just "courtesy" for investors. IMO PCT historically avoids Form 8 pumping.
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