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Ok thank you for providing explanation.
follow up Q, if they are working on 2018 ending inventory, and using the premise RRBB is working in succession, would this not indicate Q3 has been completed and now Q4 work is ongoing? Would ARYC wait until Feb 14 to release so as to give shareholders a KISS finally or would they release between now and then? All provided this isn't another trick or game, as some will say.
What do you mean by "field work" for 2018, as work outstanding? Could you clarify what that means?
Good question, I'll ask it next week.
Doesn't ARYC posting the site visit indicate MILESTONE achieved in audit process? Doesn't this signal SEC documents on the way?
Other than the "Schena's are a liar" angle, what else is left to do here, for financials?
this is music to the ears of investors, let's hope you're prognostication proves right
I will ask these questions. Post the replies if I get any.
However, I'm no "run of the mill shareholder" you hillbilly!
It's good to keep track with the timeline Mark recently referred to.
Thanks for tracking
I believe RRBB, like so many other firms, have separate teams performing Auditing and Tax; they don't all go to Tax once Jan starts.
Probably incorrect statement.
it may be anytime as the new info says DURING first quarter 2019
I agree with you. For me, it's a an hour trip down one of the most scenic highways around. No bother
Very interested to speak directly with management and query them about assortment of ARYC happenings.
50k is a nice chunk to have in waiting...GLTU
Same boat as you, except I was adding more prior to the Summer deadline.
However, it's holding steady and with any good news will climb upwards.
No downside here really.
Once current, we should all be smoking BIG FAT CIGARS!
Oh yeah, my VIP site visit is set to happen in a couple weeks.
Totally stoked!
WOW, actually up 18% today.
Nice try Ant
No cheap buyers sufficient to continue to support no company news...need fins!
Or else this is a sinking ship.
yeah, the PPS REALLY sucks today!
If it was going to fall, it was going to happen today. Beg of year, stock market typ takes off. ARYC was not penalized today.
Good times ahead.
It's officially declared LTS on 12/31/18
is that Taub?
Mark's latest email sounding positive despite missing Fall.
I got my site visit scheduled for mid January w ARYC.
Hopeful fins are out by then.
key is MULTI-BILLION ORGANIZATIONS
ARYC is NOT EVEN CLOSE to that size. far far far less transactions, complications, etc. has to be. it may not all have been organized, but let's not put the multi-billion in with the 10-20 million(s)?
I would've walked in if she was working at ARYC!
RRBB starts in earnest
May 2017
2014 re-audit schedule: May 2017 - August 2017 (12 weeks)
2015: Sept - Dec 2017
2016: Jan - March 2018
2017: April - June 2018
2018: 10Q @ 8 weeks - 3 x 8 weeks = 24 weeks (6 mos)
July 2018 - Dec 2018.
If they are doing just 10Ks, then maybe March 2019 - April would be OK.
However, Mark mentions 10Q's, which wouldn't need to be filed if all at once, for 2018.
Still sounds fishy, as much as I want to believe. No date. Just more pushing ahead schedule. kicking the old can down the road.
I hope you are in the know and right about this. Would be great.
why not just write "any day in 2019, hopefully"
Ace, where are you getting April 2019? Can we at least start with Jan 2019 and then to Feb and March eventually to April?
RRBB needs to put a few more bodies on this if someone has told you April.
the more and more it rolls around my head the more confusing this whole audit things makes.
no way FINRA checks ALL tweets, no way. only spot checks. i'm sure if a company was accused multiple times of false tweets then maybe they would get a closer look. but the tweet audits must be random and infrequent, es on OTC.
Nail on the head!
I just can't tell what others are waiting for...we waited for a while and nothing. How long is too long?
Why not sell, keep profit, then buy back in when fins get announced. It won't rush to the moon while so many are skeptical. It will be much slower than some think.
We know that will be bungled as well, with lots of missteps and plenty of time to get back in...that's what I'm thinking now.
I've sent Mark an email requesting an official office visit. Again, I did not want them to seem uncomfortable, regardless of the drama. That would not be professional.
I'll be looking to unload 1/2 total shares Monday. Hoping to at least get $.04 pps.
I'll buyback IF/when fins are released. no reason to hold and watch profit slowly evaporate.
Q, are there other companies CE that post as many PRs and Tweets today? I don't know. I feel the company has just as much responsibility in it (NASDAQ talk, email confirmations, etc) that led many to invest. If it was a symbol and nothing else, then I would agree with you.
yeah, exactly, it's not like we are invested in every OTC stock. no, just hidden gems like this one, as has been stated.
yes, higher risk on OTC. however, due to the wonderful DD provided by so many, some of us jumped in on the anticipated release of financials and confidence by many around here. many of my friends who I introduced to ARYC chose not to get in. either brokerage house would not allow, too lazy to change funds or said let's wait and see. fair enough.
the expectations are the same, for profit investments, ARYC is no different.
Antbird, are you invested or providing outside advice? can't tell
Ever seen the movie, The Money Pit? Great 80's flick starring Tom Hanks.
How much longer can we go without reliable information? I'm not investing any more on 'cheapies'; already got mine. now my cheapies are getting closer to losers.
Financials can only solve this dilemma.
Mark could have picked up the phone and called DBrown at RRBB. He definitely did so last week. He obviously found out financials were not in a ready state. Nor looking ready for end of Fall 2018.
There was plenty of time, no doubt, to advise of a miss. IMO
He didn't do it last time either, though. Maybe it's the strategy he developed or is being advised by others, no one knows.
Just as easy to say it's all Mark. We haven't heard from anyone else at ARYC on the subject, so it gets all directed at him I guess.
yea, that point is clear. RRBB may advise. ARYC can either take their advice or not. ARYC website states the expected date. Nothing available on RRBB website.
Let's be clear here, for everyone's sake. Investors and Interested parties.
Really? I saw these when they first came out, months ago.
Why do you do this? Post old info? If you have new info, by all means.
These are things readily available from the website.
This is a DISCUSSION board. Leave the tweets on Twitter.
believe what you want. i wanted to see for my own eyes, if they were excited and planning for something big. of course, it didn't happen, i was there to verify it. sorry you don't live in the Bay Area.
yep, agree wholeheartedly. as in grade school, hand in your work and get partial credit rather than NO credit.
he's got LESS credit than before, which wasn't much to many
good luck trying to lock him in on those Qs.
would RRBB say to him...umm, we promised December, now we need until Feb? that would seem stupid and worth a slap to the RRBB Dan Brown face. so i don't think that has happened; seems too outlandish of a request for more time. don't understand why he did not want to tell the market of any potential delay...method today is to play the game on your own rules...make the delay announcement, get ahead of it...now he's subject to a stock mauling on Monday.
Nice, thanks for the a-hole comment.
as i said, i wasn't there to present myself, nor complain nor harass.
if i want a site visit, i will schedule one thru IR, the proper way. not injecting myself in their world unannounced. i didn't feel that was proper, nor was my intent. i had a free day, i wanted to see if it was going to be true.
here is the response to my email inquiry. pretty generic. in fact, looks exactly like someone else got recently.
Dear xxx, Thanks for your ongoing support and feedback. We are filing all of the 10-Ks and 10-Qs in a single filing rather than year by year, so this explains the current timeline. The financials are on schedule and following the industry standard 8-12 weeks per fiscal year. We will issue a formal press release announcing the filing date. Best wishes to you and your family for a happy holiday season and a prosperous New Year. Thanks, Mark