Are the reasons for such late filings simply the s

Are the reasons for such late filings simply the slow response rate and lead times of the accountants and/or auditors. It's been 2.5 months since the filing deadline. Has Treaty required much internal process improvement or do both reasons contribute to late filings? The expected date has been extended numerous times. Some investors won't invest unless they know what financial conditions their investment risk is based on.  I question if Treaty has needed to use other exotic funding methods in recent months other than or in addition to dilution.  How do shareholders know? It's somewhat contradicting to say "committed to transparency" but also have qty 2 sets of outstanding financials. Whether 10Q3 has some time left to file or not makes no difference to timely investment decisions.  Especially for a so-called "startup" oil E&P company that is growing and I'm sure can use as much "healthy" investment capitol as possible.  I realize these late filings are not one individuals fault but IMO a faulty process that can make or break investment decisions.