RE:RE:RE:RE:Point taķenwith regards to the reply on fundamentals of the company not changing. The only fundamental thing that I see is not changed is how they convey information. You have your shares on a cease trade order due to non compliance and fundamentally nothing has changed?
Think about that real hard or even easy to understand the culture of this company and how deeply misplaced it is in guidance and ethics.
What I read is... fundamentally we make the assumptions we do for accounting and reporting purposes and that has not changed. It got us to an audit process whereby our shares have ceased trading as we sort out what the auditors would like us to correct in our assumptions and we will fundamentally continue to do things the way we have been and will deal with the next audit when it comes along. Others may read his reply differently and fair enough. RHT thinks you are stupid. They believe their own B S and then the really bad part is they expect you to believe it too. They force you to believe it.
First thing I would do is turf Scott or whoever is telling Scott what to put out. Because its insulting. You wait for the PR on all of this. They will have done nothing wrong. How they interpreted the accounting principles was valid and they disagree with the auditors findings but complied. You wait they will take ZERO ownership of this.
SISBOOMBAH wrote: Yes, we are getting a press release this week. OK, maybe tonight or over the weekend.
The CTO is not a reflection on the fundamentals of the business. OK, so why are the auditors taken more than four months to complete their work.
The Company has added resources to complete the audit as quickly as possible. The cleaning lady and the janitor are now helping, while the interim CEO is preparing for a MAXIM conference.
PR people never share bad news.