OTCPK:MEAOD - Post by User
Comment by
longshot52on Sep 25, 2016 2:10pm
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Post# 25275780
RE:Wonderful transparent Company
RE:Wonderful transparent CompanyNOT !! Takes 4 months to publish the June quarter results. Leaving shareholders in the dark.
Most companies report their quarter results within a month or so, the only reason to take 4 months is that the quarter was not as hoped for.
MTO) is pleased to publish the financial statements for the fourth quarter (Q4) and those of the year ending 30 June 2015
If they they were so pleased then why are they not posted "very proud" on their website? Well it could be because their Gross Profit for the year was a loss of $1,332,257 and that their net loss and comprehensive loss was $6,264,748 andt hat frankly just just plain embarassing.