Post by
jermiah777 on May 30, 2022 6:00pm
Phone call with management
With this delay yet again, I had to phone management. But in thinking about our conversation, I realize it was encouraging. I am so frustrated with delay and concerned markets are going punish EWG terribly. But his response was " we are equally frustrated. I have to handle a lot of phone calls like this. We are eager to get our financials reported but must wait for auditors to sign off. Acquire 3 companies in a short span and this is what can happen". Then he mentioned he looks forward to discussing the financials with me when they are reported! Hmmm. He looks forward to talking with me about financials....that tells me I'm going to be happy with report. But another interesting point is this: everyone who thinks these delays reveal some bad news or something negative are already gone. Sold. At this stage of the game, everyone left has accepted it truly is waiting for auditors to finish up and in no way reflects badly on management or company's performance. So we wait another 10 days.
Comment by
InvestingIvan on May 31, 2022 9:48am
Looking forward to hearing your new long winded post about the next excuse in 11 days.