RE:RE:RE:RE:RE:Currency loss Q2ICT1111 wrote: I am so glad that you are on top
of this Stan.
WIth over 800,000 Verde shares in various family portfolios, this is a significant holding for me, so I naturally follow it very closely. Updating various spreadsheets and models every quarter to add all the new numbers released by the Company very quickly identifies inconsistencies, especially where the predicted numbers are so different from what the Company reports as "actuals". This is the first time since I started following Verde in 2020 that I have run into meterial differences like the $3.5 million misstatement of quarterly profits, which is in my opinion a very straight forward error (disclosing a $1,760,000 exchange translation adjustment as a loss when it was in fact a gain).
With the TSX now closed for the day, I have still not seen any news release from the Company to address this matter, nor have I had any response to my communications received by Verde starting on Monday afternoon. The last email was sent at 10:48 this morning to Mr. St Aldwyn at ILD@verde.ag who is the Independent Lead Director, copied to Mr. Veloso who is the Board Chairman and CEO, and to Investor Relations.