KGIC Inc LGLTF

Something very wrong

[Papagallo]

McAdam says he doesn't want to know what is happening? That sounds like a statement from someone who doesn't want to be held accountable when the shet hits the fan. Preparing YE financials doesn't take six weeks. Did Choirboy even begin the YE financials?

[StompinTom]

I think he doesn't want to violate the insider trading rules and be subjected to trading bans and financial penalties as well as commit career suicide to answer some retail investor's questions.  As someone who prepares year end financials, it takes longer than 6 weeks when you are a public entity.  Still, they need to resolve this delay.

[Papagallo]

Ok, why did they initially advise the YE financials would be slightly delayed and released by May 7th? Here we are 1 month later with no explanation. Would Chornoboy not have been working on these statements from early March for reporting April 30th? Did the dog eat his homework the night before it was due? Nothing here makes sense.

[mydogchach]

In my previous positon, i was involved with ye audits for an organzation over 5 years, beginning with annual revenue of $45m, ending with $60m. We completed our ye entries toward the end of the year, early January - with the  auditors arriving in mid-January. The financials, by provincial law, had to be completed for the annual agm held by the end of March - 3 months. I think anyone involved