Why would a reputable company.......release it's quarterly earnings at midnight on a Friday night before a long weekend?
A couple of reasons come to mind that have been discussed - A) a reputable company wouldn't and B) the company wants the bad news to at least partially blow over before open on Tuesday. The pumpers can pump - and drive up the sp (for a couple of days) before it falls back down to where it probably should be. tsk.
And would a reputable company delay it's annual meeting until 'sometime in the second half' - and would a reputable company (legally or not) 'delay filing it's executive compensation disclosure' until a date is deteremined for the annual meeting?
Why would a company do that? Get your heads out of your a**es, boys. GLTA
Zenabis Global : Provides Update on Annual Meeting of Shareholders
05/26/2020 | 04:06pm EDT
VANCOUVER, May 26, 2020 /CNW/ - Zenabis Global Inc. ("Zenabis" or the "Company") announces that, after careful consideration and in accordance with applicable corporate and securities laws and stock exchange rules, it has decided to hold its annual meeting of shareholders at a date in the second half of 2020. The Company is considering an appropriate time and format for its annual meeting of shareholders and will provide further information on its annual meeting of shareholders as soon as it is available.
The Company is also relying on the exemption provided in BC Instrument 51-516 – Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials (and similar exemptions provided by the other Canadian securities regulators) to postpone the filing of its executive compensation disclosure required under Section 9.3.1(2.2) of National Instrument 51-102 – Continuous Disclosure Obligations until such time as it is filed and delivered to shareholders as part of the Company's information circular relating to its 2020 annual meeting of shareholders.