IASG files form in time to meet deadline
By SSN Staff
Updated Thu June 16, 2005
ALBANY, N.Y--Integrated Alarm Services Group filed its Form 10-K for the period ended December 31, 2004 on June 13, in time to meet a deadline imposed by the Securities & Exchange Commission.
In March, the company failed to file the form, citing delays due to the strict requirements of the Sarbanes-Oxley Acts of 2002.
The Nasdaq panel extended the filing dates for the company's Annual Report on Form 10-K for the period ended December 31, 2004, and Form 10-Q for the period ended March 31, 2005, until June 27.
Company officials have reported that the delayed filings have cost the company approximately $1.4 million in related expenses and decreased its market capitalization by nearly $42 million.
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