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Re: powerinnumbers post# 24445

Monday, 10/24/2016 2:35:57 PM

Monday, October 24, 2016 2:35:57 PM

Post# of 30925
The "December 1st 2016" number is pulled out of thin air. Why would you trust it, instead of for example, the November 9, 2016 date which another forum member has posted?

The CFO doesn't do an audit. An independent company does the audit. Setting a 6 month clock from CFO hiring is completely arbitrary.

My company does $20+m/yr in revenue from 300+ customers across 6+ countries. Our audits take no more than a month. What's the justification for saying the audit of a smaller company with fewer revenues from less countries and less customers should take 6x as long?

It looks like posters are making up random dates which are always ~6 weeks away, and working backwards to some up with some random justification for it.

If you have faith that the financials will be released by December 1, 2016. That's great. Let me ask you: will you reevaluate your opinion of this company if they are NOT released by then?

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