SEC Form NT 10-Q is required to be filed within 45 days following the end of each of a company's first three fiscal quarters. If the 10-Q cannot be filed in a timely manner, the company must file a Form 10-QT with the commission.
A very common reason for an NT 10-Q is a merger or acquisition, which prevents results from being incorporated in time for the filing. The SEC provides for "unreasonable effort and expense," with a suitable explanation, as part of the application for relief. Late filings may also be because of uncertainty surrounding litigation, due to a company’s auditor not having yet completed its review of the company’s operations, a sign of a company in financial distress, or because a company emerging from bankruptcy needs more time to complete the required disclosures.
BrewBiltBrewhaus.com web site is up and running. Mid-October isn't that far away. On this page of the new web site, customers have the option of becoming club members. Love how they're proactively marketing the business already! Seems like a given that a decent number of people would want a free pint of beer per week for a year, or for life, depending upon which membership they select. Bet they raise some serious coin in advance with these offers!
Given a 100 new microbreweries around the country, my instinct tells me that BrewBilt has the best odds of becoming a behemoth brewery someday. Just takes some patience. Just my opinion; not investment advice.
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