Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Rocky Reid who wrote (41778)	12/30/1997 11:51:00 PM
From: Leo J. Capobianco, DO	Read Replies (3) of 58324

SYQT apparently is having some problems with its financial reporting processes. SYQT's fiscal year end was on Sept 30, 1997, and the SEC requires that companies file their annual report no later than 90 days after the end of the fiscal year, that date was today for SYQT. According to a 10-K NT (Non-Timely) filed with the SEC this afternoon SYQT has been unable to file the report because it still needs to send some information to its auditors. Apparently the auditors will perform a "comprehensive analysis" of these materials this evening so that SYQT can file by tomorrow or sometime in the next two weeks. < THE REGISTRANT HAS BEEN UNABLE TO COMPLETE CERTAIN PORTIONS OF ITS FINANCIAL STATEMENTS IN A TIMELY MANNER TO PERMIT ITS FORM 10-K TO BE FILED. THE NECESSARY INFORMATION IS PRESENTLY BEING COMPLETED AND DELIVERED TO THE REGISTRANT'S INDEPENDENT AUDITORS, AND REGISTRANT EXPECTS TO FILE ITS FORM 10-K BY DECEMBER 31, 1997, BUT IN NO EVENT LATER THAN THE FIFTEENTH CALENDAR DAY FOLLOWING THE PRESCRIBED DUE DATE.> DaleVelk@aol.com

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