WhereDaily News: Trans-Lux Reports Delayed Filing, but Improvement for Year End and Quarter End Results
NEW YORK, NY--(Marketwired - Apr 1, 2014) - Trans-Lux Corporation (OTCQB: TNLX), a leading supplier of LED technology for high resolution video displays and lighting applications, today filed a Form 12b-25 to report notification of late filing for its reported financial results for the year ended December 31, 2013. Trans-Lux President and Chief Executive Officer J.M. Allain made the announcement. "The relocation of the Company's headquarters and an upgrade to new accounting software in recent months has delayed the compilation of information needed to prepare a timely filing, and to allow our auditors an adequate time period in order to fully audit our financial statements," stated Mr. Allain. The auditors are continuing to complete their audit and the Company intends to file the full results on or before the fifteenth calendar day following the prescribed due date, as required in accordance with SEC rules.