TSXV:RHT.H - Post by User
Comment by
Reggie1on Jan 05, 2024 5:46pm
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Post# 35813253
RE:More incompetence
RE:More incompetenceI disagree it should not have been halted and it also support the opposite to what is being stated via falsification of financials. They would have to support the exchange reasons etc and justify to continue trading.
To continue trading allows people to get out of the way of what is to come. And by that I mean they needed to make sufficient doubtful collections of accounts for terms of 12 months or more. I believe this is the major issue in that they need to by acceptable accounting practices, make reasonable assumptions on these long term accounts receiveables.
OR it could just be due to the financing lol