Financials will not be ready on Monday
Mark this post, financials won't be ready for Monday, shareholder confidence will be hit once again and the price will fall below .23. Raza's words in the NR were "Subject to the completion of remaining customary audit procedures, the Company expects to complete the required filings on or before Monday, May 6, 2019." How many times have we heard that the company expects to do something by a certain date. Even if they do come out on Monday I expect there to be some material changes to the way they reported things in the previous unaudited statements. The whole "mark to market" increases to their investments, I expect that to be fixed by the new auditors and thus a significant net loss as opposed to the net income they've reported in previous quarters. I'm guessing a net loss for the quarter of around $4M.