Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405Notification of late filing:
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
The Company has discovered material weaknesses in the Company’s three proceeding periodic reports, the annual report on Form 10-K for the period ended December 31, 2013, and filed with the SEC April 15, 2014, and the Company’s quarterly reports for the period ended March 31, 2014, filed with the SEC on May 23, 2014, for the period ended June 30, 2014, filed September 18, 2014 and subsequently amended September 25, 2014, and readers are cautioned not to rely upon those reports. The Company is in the process of restating the aforementioned reports which the Company believes will contain material restatements.
The Company is in the process of preparing and reviewing the financial and other information for its Form 10-K 2015 report for the twelve months ended December 31, 2015, and does not expect the report will be finalized for filing by the prescribed due date without unreasonable effort or expense because the annual report for 2013 must be reviewed and reaudited, and the quarterly reports for the periods ending March 31, 2014, June 30, 2014, and September 30, 2014 must be finalized prior to the review of the annual report for the period ending December 31, 2014.
The forthcoming Form 10-K for the period ending December 31, 2014 will be reviewed by a certifying accountant, Pybus & Company, P.A.