I was taking a look at the available information and there appears to be a precedent for SDTH having filed late 10-Ks in the past. In fact, it really doesn't appear to have done any damage whatsoever based on the history of the SDTH stock price. What I have seen is that things have gone up dramatically, and I would blame current events and a short attack for what we have seen recently.
1) March 17th of 2009 SDTH filed NT-10K saying they would not report annual earnings on time 2) By April 3rd 2009 SDTH had done an earnings call for the the year and Q4 with stellar results 3) Following the the earnings results the SDTH stock price more than doubled!
If history repeats itself then the shorts should get creamed here, in particular, because they didn't have an opportunity to cover between 3/15 and 3/19. I'd be most interested in hearing from the shorts to understand how they plan to approach this coming week, if we assume we get earnings and we start trading.
Beyond that, once you add up all of the details - performance, auditor - KPMG, players - Goldman Sachs, industry and product mix it still looks favorable. I plan to wait for the stock and the market to adjust/settle and then I will consider doubling down. My logic is that if it passes yet another round of audits, even amongst the rumors based on a few bad apples the upside far outweighs the risk.
I am completely aware of the halt, but it doesn't change much from the history and pattern here of late filings and proven, audited performance that's off the charts. Additionally, I haven't seen anything negative about SDTH. I have heard criticism of RTOs and SDTH has been lumped in with that group.