TSXV:RLV.H - Post by User
Comment by
AlwaysSkepticalon Oct 28, 2020 10:35am
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Post# 31795189
RE:RE:RE:Sorry Guys
RE:RE:RE:Sorry Guys Do you know how rare and damaging a default is???
It is so frowned upon that the CEO, CFO and all active Board members will have to disclose they were part of this for the NEXT TEN YEARS!
They have known of a change in auditors, and the deadline to file...the only reason to be in default is because their new auditors would not sign off on the financial filing.
If you think that's a positive sign, or an opportunity to invest, I would look at how these companies who default do over time.
Answer: NOT WELL.