Remember last month when Koss decided to file their 10-Q without financial statements? At the time the company said it was "due to delays relating to certain previously disclosed unauthorized transactions.” In other words, we got ripped off so bad that we're restating financial statements for half a decade and it isn't exactly something you can whip up like a batch of maui wowie brownies. The Nasdaq has taken note of the slight delay and has said if you don't get us numbers by June 30, you'll be on the pink sheets with the likes of Lehman Brothers. CEO Michael Koss has assured everyone that it won't come to this but obviously we'll have to wait until the SEC posts the filing. If that doesn't happen, you'll be able to add "Koss Delisted by Nasdaq" to Suz's list of destructive accomplishments. Koss gets warning from Nasdaq [Milwaukee Business Journal]
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Problem of the Day: Non-smoking, Cheapskate, Immature Newbie Is Cramping My Commute
Since everyone’s distracted by brackets and projectile vomiting in the street, I thought I’d pull another “problem” from our Twisted British Sister site:
So a new ‘man’ (18) started last week and I got chatting to him in the car park as he was loitering waiting for the office to open. It turns out he lives vaguely near me and I, in passing, said that if he was ever stuck trying to get to work (e.g. from rain, hail, wind or snow) he should let me know and I could always swing by and fetch him.
I know – an 18 year-old co-worker? Just go with it:
On Monday he asked if I could bring him to work. Being soft I said ok and gave him a lift. Then home. Then Tuesday to work and back. Yesterday he got in and said ‘Oh, I’ve been thinking, I should pay you for these lifts’. Resigned to my fate as being soft and letting him keep getting lifts I consoled myself thinking ‘Oh well, my petrol is £45 a week, at least he will cut my commuting costs’. I gave him a lift home and he said ‘Is this alright for a weeks worth?’ and gave me a pile of shrapnel. I counted it when I got home and it was £7.91.
I can’t smoke with him in the car as he coughs. I don’t like to have music on as I feel obliged to force conversation. He is 18 and therefore annoying to talk to.
I want him out of my car, but he is nice and I am nice, so how do I do it? If I pushed him out on the dual carriage way would the police take a dim view?
Nothing WORSE than a non-smoker and a cheapskate, amiright? Suggestions for this chap are now welcome (if you’re still sober enough to type, that is).
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Some New Jersey Taxpayers Can Put Off That 1040 For Awhile Longer
Are you dreading April 15th North Jersey? Thought so. With just over a week to go until deadline, it may have crossed your minds that you should start tearing your house apart for that W-2.
Well, you can postpone the treasure hunt for now because the IRS is showing mercy on you for the Biblical rainfall that poured on the Garden State last month.
The IRS announced on Monday that they are delaying the filing deadline “for taxpayers who reside or have a business in the disaster area. This includes the April 15 deadline for filing 2009 individual income tax returns, making income tax payments and making 2009 contributions to an individual retirement account (IRA).”
The counties declared a disaster area by the POTUS include Atlantic, Bergen, Cape May, Essex, Gloucester, Mercer, Middlesex, Monmouth, Morris, Passaic, Somerset, and Union and thus qualify for the extended deadline, which is now May 11th.
New Jersey makes the third state allowed a prolonged procrastination period, joining counties in Massachusetts and all of Rhode Island.
Don’t try to get cute though, Garden Staters, if you’re thinking you can falsely claim residency in one of the affected counties, the IRS will be all over your shit, “IRS computer systems automatically identify taxpayers located in the covered disaster area and apply automatic filing and payment relief.” So appreciate the compassion if you can get it but don’t get any ideas; the IRS is still watching.
New Jersey Severe Storm and Flooding Victims Have Until May 11 to File Their Tax Returns [IRS.gov]