OTCPK:SPLID - Post by User
Comment by
Greedeon Jan 04, 2018 9:55pm
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RE:RE:Financials
RE:RE:FinancialsWell done, very kind. My head almost exploded at this question.
DiligentSon wrote: Auditors are obligated to make one of 2 statements. Either there is "significant concern", or there is "not significant concern". The significant concern assumption can be seen in the audits of many start-up companies operating in the red for consecutive quarters, or those barely treading water, i.e. almost every publicly traded pot company. This is nothing of note.
Alison11 wrote: Their lates financial report is not too encouraging. There is grave concern that they may have difficulty in being a going concern. They really need to be able to get their product out to market and keep up to demand. There is no reassurance they can do this. Check it out for your self at SEDAR.COM. Note #1 in their last two financial reports.