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  4. Imagination TV, Inc. (IMTV) Message Board

That's exactly my point! PNCH has 90 days after y

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Post# of 45510
Posted On: 04/06/2013 12:24:05 AM
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Posted By: Ann1

That's exactly my point!


PNCH has 90 days after year end to deliver the K...or file an extention in which case it is due April 15th.  Steve didn't have to say anything -- but he gave specific dates and timeframes.


He should have just either 1) said nothing and let the documents speak for themselves or 2)indicated that he was shooting for it or there was a probability or possibility or some other way of communicating that it was coming without putting out specific times.


Because why?  It is not 100% in his hands.  There is a third party (aka the auditor) involved.  When there are multiple parties involved, sometimes even when there is only ONE, you just can't meet self-imposed deadlines!


Why can't you see that that is not lying or misleading?  And why is it a huge deal when he is within SEC rules anyway?  Think about it -- what does he have to gain by lying? misleading? Nothing!  Therefore, I am SURE he is not doing it on purpose.



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