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Bullboard - Stock Discussion Forum NEULION, INC. T.NLN

"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."

TSX:NLN - Post Discussion

NEULION, INC. > Response from Rob Kelly - NLN IR dept
View:
Post by 1976KMJYfamily on Mar 12, 2018 2:19pm

Response from Rob Kelly - NLN IR dept

My apologies for the confusion on this matter. I have been informed that my assumption on the reporting date was incorrect, and that per the TSX filing guidelines, NeuLion has until March 31, 2018 to report its FY 2017 results. As you may be aware, NeuLion recently sold certain DivX assets to an affiliate of Fortress, and closing that transaction was a priority in the first quarter. As such, NeuLion has elected to release their results within the standard reporting schedule, however later than they typically would have in the past. Expect a notice of call press release to be distributed in the coming days confirming the official date of the call.
I will let you know as soon as the date is announced.
Kind regards, Rob Kelly LodeRock Advisors Inc. rob.kelly@loderockadvisors.com D: (416) 283-2938 M: (416) 992-4539 202 - 1 Toronto St. | Toronto, ON | M5C 2V6 www.loderockadvisors.com
Comment by Insearchofvalue on Mar 12, 2018 3:28pm
I received the same info today, thank you for posting. 
Comment by 1976KMJYfamily on Mar 12, 2018 3:56pm
Not sure why an activity (though i am sure is very intesive and demands a lot of man hours) in q1 2018 affects reporting q4 2017 numbers. Something is going on I think. GLTA
Comment by moonsy26 on Mar 12, 2018 4:13pm
What do you mean something is going on? care to elaborate?
Comment by 1976KMJYfamily on Mar 12, 2018 5:21pm
I think the company is in the final stages of being sold. IMHO
Comment by mas75 on Mar 12, 2018 6:52pm
Hey all, There might be something going on, but this would be independent of the reporting of q1 2018 happenings. Any publicly traded company is required to report significant events (both financial and non-financial), “that occurs between the reporting period, and the date that the financial statements are authorized for issue.”https://www.iasplus.com/en/standards/ias/ias10 So regardless of ...more  
Comment by moonsy26 on Mar 12, 2018 6:59pm
favorable or not... I'd take anything above 1.00 right now Mas75. Been here since the NHL loss
Comment by mas75 on Mar 12, 2018 9:12pm
I agree with you completely! I’ve been a bag holder here since even before the nhl loss...
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