TSXV:ISD.H - Post by User
Post by
ChasingWiLanon Oct 26, 2016 12:19am
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Post# 25385977
Financials
Financials Reading through the latest posts on this board caused my some concern due to misleading statements about the financials. These are:
1. The financials are 1 year behind. This is obviously not the case. Review Sedar and you find that Q3 financials were released, with the year end being due a third the end of August. The company then requested and received an extension to October 31. With this a standard management cease trade order was placed.
2. Delay in financials beyond October 31 will result in the company being delisted. I am not an expert on this, but I have owned other stocks where they missed the extension, the result was a new deadline about 1 week away and a continu d management cease trade order. Delisting did not occur.
I like all shareholders would like more updates and the release of financials, but the misleading statements on this board appear to have no purpose but to create fear. This is a high risk, high reward potential investment, don't invest what you can't afford to lose.
DYODD
GLTA