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Bullboard - Stock Discussion Forum Smartcool Systems Inc V.SSC.H

Alternate Symbol(s):  SSCFF

Smartcool Systems Inc. is a clean technology company. The Company’s products include ECO3 and ESM, which are retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems (HVAC-R). The ECO3 enhances energy efficiency for one or two compressor or stage systems, including small commercial refrigeration systems and combined heat... see more

TSXV:SSC.H - Post Discussion

Smartcool Systems Inc > Someone correct me if I'm wrong...
View:
Post by homerjph on Jan 02, 2020 9:57am

Someone correct me if I'm wrong...

...but aren't they now two years behind on reporting their finacials. How is that possible?
Comment by URLaughable3 on Jan 04, 2020 1:10pm
You are wrong. They are more like 18months behind haha, and have blamed it completely on the acquisition of TEC back in July 2018.
Comment by homerjph on Jan 06, 2020 12:30pm
I recieved this reply to my inquiry today: Our CFO is working with the auditors to get them completed. I hope to get another update this week. I was told we are close but until they are filed they are not complete.    Once filed we will make application to resume trading .    Thanks and feel free to call anytime  Regards,  ...more  
Comment by URLaughable3 on Jan 06, 2020 4:56pm
I completely feel your frustration on poor management, but I truly feel the concept and the product have a proven endgame. Especially in an era of limiting energy consumption, and that once the numbers do come out, they will support a nice bump in valuation and therefore share price. If you don’t need the money, I would personally avg down if there is a reaction drop into the .03s and then enjoy a ...more  
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