I still don't get why the company files for an ext

I still don't get why the company files for an extension for their 10K and then they don't file the 10K. If it was a money thing, you would think they would have never filed for an extension. Maybe they filed for the extension without the FED's approval and now the FED is not letting them to file the 10K? I don't know, I don't get it. Either way, things have gotten very bad here in GNBT Land. I pulled my orders for more, I don't need to get any redder than I already am. GLTA!