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| ADCT > SEC Filings for ADCT > Form 8-K on 25-Jul-2008 | All Recent SEC Filings |
25-Jul-2008
Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year
On July 22, 2008, our Board of Directors approved a change in our fiscal year end from October 31st to September 30th commencing with our fiscal year 2009. Our fiscal year 2008 will still end on October 31, 2008 and our fiscal year 2009 will be shortened from 12 months to 11 months and end on September 30th. Fiscal years subsequent to 2009 also will end on September 30th.
We presently intend to file our annual report on Form 10-K for our fiscal year 2009 as our transition report. This means we will continue to file quarterly reports on Form 10-Q on our present quarterly reporting cycle that corresponds to an October 31st fiscal year end through our third quarter of fiscal year 2009 ending July 31, 2009. We will then use our annual report on Form 10-K for fiscal 2009 to transition to a quarterly reporting cycle that corresponds to a September 30th fiscal year end. For financial reporting purposes our fourth quarter of fiscal 2009 therefore will be shortened from the quarterly period ending October 31st to an approximate two month period ending September 30th.
Additional information about the change in our fiscal year end may be obtained in the news release furnished as Exhibit 99.1 to this Form 8-K.
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