TSXV:WEE.H - Post by User
Post by
mikhalon Oct 26, 2014 4:41pm
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Post# 23062494
Timing of results released
Timing of results releasedBeing a retired C.A. I have some idea of the complexity of these financial results. 1) they have revenue from multiple countries which have there owned methods of taxation 2) they have revenue from contracts that are spread over multiple accounting periods and 3) they have revenue from oil wells and sales and rentals requiring judgement calls that the auditors must agree with or you change. There is not a full audit at quarter end just agreements as to the judgement calls made by the CFO. Hope this provides factual information to investors who want facts rather than casting blame. Constantly adding to this large position and much more comfortable after the news that I consider the most important in the history of the company. Good investing decisions to all investors.