night time reading before tomorrow When a compa
Post# of 12516
(Total Views: 142)
Posted On: 05/14/2024 10:53:54 PM
night time reading before tomorrow
NO 8-K issued, by end of tomorrow, means no change with the company's standard/traditional business (i.e. transition) within the quarter for the 10-Q,
If NO 8-K tomorrow that, most likely, means NO 10-QT will be filed. That scenario would, most likely, leave the company in a position, needing to file an NT-10-Q, to announce it needs the extra 5 calendar days to file its 10-Q (May 20th).
Not filing it's 10-K by the end of tomorrow would speak volumes as to what internal reporting problems "could" exist. Without the 8-K announcing a change to its fiscal and/or not announcing any merger or acquisition would probably require the standard NT 10-Q despite not having filed its 2023 10-K yet (late by 28 days).
Pumpers should be rooting for some 8-K announcement, by end of tomorrow, followed by the NT 10-Q. Otherwise, it could indicate a multi car crash pile up.
At any rate, expect to see some filing(s) action by tomorrow and/or Thursday the 16th. If not, it would not be any big surprise considering the guy still driving the clown car.
above are only my opinions derived from due diligence. the opinions above are, by no means, any form of investment advice.
cheers
Quote:
When a company fails to file its form 10-QT by the filing deadline, for its transitionary period it must use a non-timely (NT) filing. An NT filing must explain why the deadline was missed, and it gives the company an additional five days to file without penalty.
A 10-QT filing is considered timely if it is filed within this extension. Failure to comply with this extended deadline results in consequences, including the potential loss of the SEC registration, removal from exchanges, and legal ramifications. If a 10-QT needs to be amended, a form 10-QT/A is filed with the SEC.
NO 8-K issued, by end of tomorrow, means no change with the company's standard/traditional business (i.e. transition) within the quarter for the 10-Q,
If NO 8-K tomorrow that, most likely, means NO 10-QT will be filed. That scenario would, most likely, leave the company in a position, needing to file an NT-10-Q, to announce it needs the extra 5 calendar days to file its 10-Q (May 20th).
Not filing it's 10-K by the end of tomorrow would speak volumes as to what internal reporting problems "could" exist. Without the 8-K announcing a change to its fiscal and/or not announcing any merger or acquisition would probably require the standard NT 10-Q despite not having filed its 2023 10-K yet (late by 28 days).
Pumpers should be rooting for some 8-K announcement, by end of tomorrow, followed by the NT 10-Q. Otherwise, it could indicate a multi car crash pile up.
At any rate, expect to see some filing(s) action by tomorrow and/or Thursday the 16th. If not, it would not be any big surprise considering the guy still driving the clown car.
above are only my opinions derived from due diligence. the opinions above are, by no means, any form of investment advice.
cheers
(0)
(0)Sun Pacific Holding Corp. (SNPW) Stock Research Links
Scroll down for more posts ▼