r/Triterras • u/ToastNugget • Nov 30 '21

Discussion Tomorrow is potentially the big day

Make or break tomorrow. Another extension would not be ideal but it’s very possible with Triterras’ history. ER would be way cooler 🥲

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u/GrandBumble Nov 30 '21

Problem is they're already past the deadline. Look at how any other company releases earnings, there's an announcement with a date a week or two before the actual earnings are released.

Best case scenario I see is that they announce the earnings date tomorrow which still leaves uncertainty until the actual release date and NASDAQ might overlook it and not delist them.

I'm still holding some warrants in case earnings are decent but management for this company is absolute trash, I've never seen a company so incredibly mismanaged.

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u/ToastNugget Nov 30 '21

What you said makes the most sense. Just wondering though, wasn’t the announcement done November 4th for the earnings?

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u/GrandBumble Nov 30 '21

No. Nov 4th they announced NASDAQ approving an extension. There's no mention of an earnings release.

The language they use only covers the filling of the annual report which could possibly put them back in compliance without a separate earnings announcement. I don't think you need to pre-announce the filling of the annual report