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Monday, June 30, 2014 8:53:24 AM
http://moosedriverstocks.blogspot.com/2014/06/gdsm-email-from-mr-shea.html?m=1
The audit - Since the webcast, the auditor advised me that he would only
do 2012 and 2013 instead of 2011 and 2012. That's fine, but required
providing another year's worth of information. The delay is purely a fact of
information integrity. Prior to me becoming CEO, this Company did not even
have a bank account, payments were made to vendors by 3rd parties and no
records were kept.
Frankly, if I had known what I know
now, I would have never committed to having audited financial statements. Having said that, I have provided as much information as I can find in hopes
of meeting audit standards.
Despite the above, I am proud of what the company has accomplished over
the last few months. MJ-Xchange, MJ-Merchant and the 420 Concept. We
actually have generated revenue, albeit nominal, but for the first time we
have real and saleable products.
In regards to trading, I don't watch it as it is something I can't
control and have been quite busy with all the above. All I can is the
limited dilution and in fact am personally funding the company rather than
issuing shares given the level of the share price. It is for that matter,
that I discontinued the use of E&E as our IR firm.
The fact is, I state things as I see them, both good and
bad. Many CEO's would never pr anything bad, obviously we have stumbled in
the past and shareholders deserve to know what is going on.
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