You are basing your assumption on the fact that the financial statement is late. So just because the financial statement is late we should just figure that nothing has been accomplished or that there has been no merchandise sales/no revenue since last cc?
I think it is pretty safe to say that it is exactly your type of post that is based on pure assumption and opinion with no facts to back up your post other than financial statement is late and it these type of post that are killing this board.