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Active Control Technology Inc ATIVF

Technology Communication Equipment


GREY:ATIVF - Post by User

Active Control Technology Inc > year end...
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Comment by hydra100on Nov 04, 2010 12:29pm
475 Views
Post# 17657714

RE: year end...

RE: year end...The exchange allows 120 days after a quarter to post financials as the company has said.  Why so long?
For your benefit as a shareholder.  Again I repeat it is for your benefit.

Any company wants its financials to look as best it can be.  In a competitive market like ACT is in buyerscan be given time to pay such as 30,60 or 90 days without interest.  Unless the money is received it cannot be included in the financial report. 

Without explaning more I think you know what probally is the holdup, could be something else but I think maybe this is it.  My opinion only.

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