Every day of NO FILING spells more trouble IMHO
Post# of 12516
IMHO
The company "could" have some serious issues with its reporting relative to Q4 2023 (ending Dec. 31, 2023) or earlier.
It "could" be a case of being trapped into a corner from accounting practices used in prior filings or it "could" be a need to clean up disclosures that were not previously filed.
Unfortunately, for someone, being the only person signing off on the SEC filings, issues holding up the 10-K filing due April 1st (April 16th late date), "could" be very time consuming for a while. These late filings "could" raise flags resulting in a bigger microscope being brought out.
in my opinion
cheers