No. Nor does it have anything to do with my point.
The premise was presented that Parent is good at a lot of things; and among those things was the process of getting current. I disagree that Parent, or anyone else at SNEY is all that good at doing paperwork.... in fact I lean towards the idea that they in fact are rather incompetent in the paperwork arena of running a company.
It took almost 2 months from the time Q3 '11 was filed until 10k '11 was filed. Personally I see no excuse for the Q1 '12 not being ready to file other than human error.
It doesn't mean I don't think the company will eventually come through, but unless they hire someone that can actually do paperwork internally I wonder how it will effect the long term ability to stay current; but that's another matter.
Bottom line is so far the company has done nothing to show that they can do their books in a manner to have any faith that they are going to meet any deadline where filings are concerned.
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