Sent Off To The RegulatorsHello.
I Feel the company in question has not followed through on recent news.
Sept 18 2024 they said it is expected to have a product rolled out in 30 days, today is day 37. This news is material as it speaks to potential revenues and some of them in the near future (upcoming holiday season).
https://www.newworldinc.io/post/new-world-solutions-enters-31-billion-global-watch-market-with-acquisition-of-majority-stake-in-dia
Sept 19 the regulators asked them to clarify that news. (I feel this was a red flag spotted by you)
https://www.newworldinc.io/post/new-world-issue-clarifying-information
Being 7 days past due may not be considered that bad and even acceptable but when you include the history of the company I feel this "7 days" is something to look into.
Over the last few years the company has done the following.
Consolidated shares
Changed the name of the company
Put a valuation of up to 3,750,000 on an acquisition from a connected company that after 10 months has only produced 7,000 in revs according to their last financial report.
My question would be how many days past 30 are the regulators willing to give before demanding to speak to the company....60....600.
Laymen investors can do nothing about their concerns other than voting on proxies or reaching out to you....I'm choosing you.
I am not saying something "funny" is going on (that's for you to determine) I'm asking to please look into this matter on a retail investors behalf.
I'm afraid the "7 days" past due will turn into dozens and dozens and nothing will be done about it.
Thank you