Alliance Growers Corp ALGWF

RE:RE:RE:RE:Previous suspension - details

[union77]

Waiting for my answers Bathtub. You're clearly online, posting. Reading this and intentioanlly ignoring becuase you CAN'T PROVIDE ANY FACTS  to backup your BS .

union77 wrote: Waiting for answers on these Bathtub....

union77 wrote: Hey Bathtub, post some facts on this one for me. Who is "they"? where is your back up? how man "hundreds of thousands"? What "contractors"?

You're supposed to be the smart guy here. Give me the asnwers. 

union77 wrote: Another lie from the moron Bathtub. 

"They" came up with a story that hundreds of thousands was stolen by "contractors".

Who is "they"?

You spew so much BS it's pathetic. 

https://www.alliancegrowers.com/author/alligrow/

Due to claims made by former contractors for unauthorized payments not approved by the former Board of Directors, the clarification of this issue has caused considerable delay in the finalization and sign-off by the auditors of the August 31, 2016 annual Financial Statements.  Current management disputes the amounts claimed and intends to defend its position that these do not constitute liabilities of the Company.

Management has been advised by the auditors that they have accepted the position of the Company, and the finalization and filing on SEDAR of the the audited annual financial statements, corresponding MD&A and CEO/CFO certifications as at August 31, 2016 is anticipated to be completed on Tuesday January 10, 2017.

Racetub wrote: Issues that caused their previous week long suspension:

- they failed their audit because money was missing. They came up with a story that hundreds of thousands was stolen by "contractors".

- management issued themselves options well below market price (crooks). This violated exchange regulations and they were forced to fix it.