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stayfocused

03/17/14 10:50 AM

#7457 RE: Kahunasand #7456

As I understand it, the 10K has to be out within 90 days of the end of the 4th qtr so that means 31 March which is 2 weeks today. If they decide to put out a NT-10K then the 10k will be delayed by a further 4 working days. JMO

crookedneck

03/17/14 1:47 PM

#7461 RE: Kahunasand #7456

First quarter earnings is what we really look forward to! Why? Due to the filing requirements, NRTI could not recognize the huge initial shipment of $1.4 million of Martha Stewart Essentials to Walgreens for all their stores nationwide. Due to acceptable accounting practices, this had to be deferred to the 1st qtr this year. NOT only that, but the 1st quarter is the strongest quarter for the NRTI's product lines, thus 1st quarter earnings that will be reported mid May, will be the one to really look forward to. The 4th qtr is the slowest quarter for sales on their product lines, so I am not expecting anything extraordinary for the 4th qtr, but the year end 10K should blow out all previous years for this company. 2013 was the first full year for NRTI's all new management, led by CEO Michael James. It was during 2013 that he assembled his leadership team and got this company back on track and turned around. 2014 will be a phenomenal year for NRTI - COUNT ON IT! Cheers!