No need to guess! Let's talk facts. Tons of companies file their quarterly and annual filings late, probably more do than don't file on time believe it or not, and as long as the company files within 15 days of it's permitted extension there is nothing to worry about. In fact, LTNC has NEVER, EVER, since inception been on a lesser tier than the OTCQB and has never NOT been a fully reporting SEC company. If revenues, cash, profits, all this jib jab, is such a big issue, HOW DO THEY PURCHASE OTHER COMPANIES AT THIS POINT WITHOUT NEEDING TO ISSUE SHARES (OR THE NEED FOR FINANCING THAT PEOPLE CLAIMED WAS SO "MAJOR", LOOOOL). The IRS is nothing to play with, very true!, but it was a minor penalty that was dealt with by paying a small fee, this is NO MYSTERY. In fact, they purchased a company AFTER that infraction. If it was so big, how would they do that. Makes NO sense, LOOOOOOL!