Golf/Sienna Behind in Filing Annual Report

Golf Entertainment Inc. underwent a stock symbol change on April 23.

That day an “E” was added to the end of its regular symbol “GECC.”

Michelle Bartow, a filings monitor at the OTC Bulletin Board marketplace where Golf is traded, said an “E” added to the end of one of its ticker symbols indicates that the company is late with its filings to the Securities and Exchange Commission. She said Golf Entertainment has until May 23 (30 calendar days) to file its annual report, or it will be de-listed.

The report was due on Valentine’s Day, 45 days after Dec. 31 — the end of Golf Entertainment’s fiscal year.

“The company has failed to file their 10K [annual report], and the board requires that companies make their periodic filings, their annual and quarterly reports on time,” Bartow said.

Golf Entertainment underwent the same symbol notation in April 2001 when it missed the deadline for that year’s annual report. But it made its filing before the de-listing deadline.

In its report for the third quarter ended Sept. 30, Golf Entertainment claimed assets of $626,401 and liabilities of $145,698. It had total revenue for the third quarter of $28,958 and a net loss of $2,450 with 22.4 million shares outstanding.

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