RE: What is happening with PQE?15 Jul 2021 22:49
A significant issue has been brought to the attention of the Company’s Chief Financial Officer that, if verified, will impact the liabilities to be disclosed in the Company’s financial statements. The Company’s management, under the supervision of the Audit Committee, is undertaking further investigation of the issue. As a result, the Company is unable to file its quarterly report on Form 10-Q within the period specified in General Instruction A.1. to Form 10-Q without unreasonable effort or expense.
The Company is uncertain at this time whether it will be able to file its quarterly report on Form 10-Q within the extension period, but will make every effort to do so.