OTCPK:HBAYF - Post by User
Post by
las5513on Mar 23, 2017 7:29am
87 Views
Post# 26018663
I think the original Sears comment was
I think the original Sears comment wascloser to the truth than this BS explanation by the CFO Jason Hollar. *** "In its annual report filed Tuesday with the SEC, Sears added new language saying its historical operating results indicate substantial doubt exists related to the companys ability to continue as a going concern. The disclosure sent the companys shares 12.3% lower Wednesday. CFO Jason Hollar wrote a blog post to clarify the statement, saying it was meant to comply with regulatory standards that require companies to explain any risks to investors. Despite being a going concern, Sears is a viable business that can meet its financial and other obligations for the foreseeable future, Hollar said.