Posted On: 06/07/2016 11:01:52 AM
Post# of 8802
No one forced Levy to include dates on the May 6th 8-K, that was something he did on his own accord. Unfortunately he created the expectation of certain filings being released by certain dates and then missed in a big way with the 8-K. He more or less got the 10-Q out on time which leads me to believe there must have been some sort of delay on the auditor's end with the amended 8-K.
Regardless, it is time for Levy to provide shareholders with another update. Something as simple as "Due to unforeseen delays, the amended 8-K is taking longer to complete than originally expected. I would like to assure shareholders that in effort to bring the company to current status, the audit firm is doing everything in their power to complete the 8-K and 10-Qs as soon as possible."
Even an empty statement like that might help stop the bleeding for a week or two.
Regardless, it is time for Levy to provide shareholders with another update. Something as simple as "Due to unforeseen delays, the amended 8-K is taking longer to complete than originally expected. I would like to assure shareholders that in effort to bring the company to current status, the audit firm is doing everything in their power to complete the 8-K and 10-Qs as soon as possible."
Even an empty statement like that might help stop the bleeding for a week or two.
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