New Accounting Problems?
The Decvember 22 press release states: "In addition to the non-cash opening balance sheet valuations related to business combinations as previously disclosed, these issues include: (1) accounting for warrants and options issued in the Company's private placements in 2013, 2014 and 2015 and options granted to non-employees; (2) reclassification of contingently redeemable non-controlling interests to temporary equity, (3) share-based compensation matters and (4) calculations of fully diluted shares outstanding for application of the treasury stock method.?......It appears either their previous auditor messed things up, or NHC had bad apples working within the company that were up to no good........Either way, this company is flat out scary right now.....