1KGW. Thanks for the recommendation not to buy. Really appreciate your honesty! lol.
The BoD are still pressing on with their 'long term "restructure" and realize it's been long drawn out. The first set of Filings is progressing, and although Bob wouldn't commit himself to a Time Frame, from what I read, re' 'progressing' is just a little too ambiguous because he was non-commital. The other Filings requires 'considerable exchanges of Documentation' between all involved party's, and they won't be available for some consderable time.
Be amazed that 'considerable exchanges of Documentation' is necessary. Heaven know's HOW much they have. It's a tiny business, so they can't have that much paperwork which implies quantities of papers enough to rewrite the whole of the Britannic Encyclopaedia!! Unfortunately, I think there's more to it than that. It sounds far too involved to simply be JUST doing the first missing year's Filings, THEN the other two years.
Those who have been here forever must realize that something's amiss. Having been involved in accounting in one form or another for 25 years, businesses this size doesn't take a 'non-trading company' over two years to do ONE set of Books. One year of my own books took my Accountant two weeks, so it's very clear that something's not right.
Nobody will know the answer as they are not at the 'Sharp end', but there is one heck of a lot of stalling going on for reason's best known by the BoD. This is going to take a very long time, so make of it what you will. Re. Info from Bob's e-mail to me yesterday, PM.
AI
