Financials to be released on September 30, 2019.For anyone wondering when investors should expect financials, for the period of June 01, 2018 to May 31, 2019, financials are expected to be released on September 30, 2019. The source of this information comes from the July 17, 2019 Canadian NewsWire news release covering the most resent company update.
The statement, regarding the release of annual financials, is as follows:
"Annual financial statements are due for filing no later than September 30, 2019 and cover the period from June 01, 2018 to May 31, 2019.
Some of the data contained in this press release will not be reflected in our annual financial statements, as the Company signed initial vendor agreements with retailers and the bulk of the product ordered by such retailers was not made available to customers in retail stores until April 01, 2019. Retailers traditionally take approximately eight weeks to clear product through their distribution centres and to place goods on their shelves. Earnings from these vendor agreements will not be reflected until the next set of quarterly financial statements are prepared and filed, which is expected to occur no later than October 30, 2019."
I hope that this excerpt, from the company update released on July 17, clears up investor concerns and 'RED FLAGS'.