10Q filed on 14th, any bets on if Hedrick will make the 5th calendar day after the 14th? FOs pulling the plug like they have obviously see this on its last days.
“The registrant is unable to file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2019 (the “Report”) by the prescribed date of August 14, 2019, without unreasonable effort or expense, because of loss of key personnel in the accounting team responsible for SEC filings. In accordance with Rule 12b-25 promulgated under the Securities Exchange Act of 1934, as amended, the registrant intends to file the Report prior to the fifth calendar day following the prescribed due date.”
If this wasn’t such a financial travesty, it would be funny.
So you think this is causing the PPS drop...among other things of a more obvious nature.
>>>On July 25, 2019, Tap Advisors LLC (“Tap”) filed suit against the Company in the Supreme Court of the State of New York, County of New York, alleging the Company breached an agreement made in 2017, whereby Tap would provide certain financial advisory services to the Company. Tap seeks to recover fees of approximately $3.7 million (plus attorneys’ fees) that allegedly have not been paid by the Company related to the sale of its cell therapy business in April 2019. The Company believes the complaint is without merit and plans to vigorously defend itself in this matter. At June 30, 2019, the probable outcome of this litigation cannot be determined.<<<