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Misunderstanding and miscommunication between management and auditor, nothing to see here
This will not make it past the reception desk, you know that right? What is the complaint, the report is late, they are diluting, someone said they are crooks on a message board, this is a waste of your time and posts on ihub, just sayin, but hey, whatever makes you feel good
Less than zero chance, what is the issue, they are late on a report, join the club
Someone from FINRA calls FLES and asks whats going on, tells them there are complaints of wrong doing, FLES laughs real hard and hangs up, the end.
You people are kidding right?
It is the small business program, Skullkrushers may be the first of many, small, non FLES stock price impacting on its own. We will see many "Skullkrushers" jumping onboard as things play out this year.
Was that you who dumped 400 shares above the ask lol
Seems maybe no financials this week, 4 more weeks to go minimum imo
Nope - retail capitulation
Do you care to elaborate? What issues and things that came to surface?
It doesn't fit the MO here, there has never been a major pump with huge sell off of insider shares in FLES.
08 July at best for 10K at this point
The accountants deliver a written opinion on the financials that management has signed off on. The company is responsible for their SEC filings.
Your efforts are greatly appreciated//K
Frankie, I'm not hear to argue or bash, and I would rather not see the dip go any further in my trading account, remember I got in this thing 3 years ago at .0005, so I'm still clean and green, but if the financials don't come in the next few days like most here expect, and which I think is preposterous, the chances of this heading south before we go north again are better than 50% in my opinion.
Best//K
Something I’ve been wondering for weeks, why release the updated share info when they did, a few weeks back? What purpose did it serve, who were they speaking to with that act and why?
It certainly wasn’t for current shareholder benefit, given the financials didn’t follow? In fact I can’t think of any benefit for the company in doing so, and is direct contradiction to Tim’s every other behavior?
Who did they need to make aware of that information?
Guesstimate based on units sold at those prices in published reports along with PR’s around growth and large LP Orders.
I wrote about a while ago, 35000 units a week in sales at about $3.25 a unit plus printing, purely an educated estimation
I think if it is debt conversion it is allowed
8K clearly states they did not do that, if they had, it would be considered opinion shopping, talking to another auditor before ending relationship with current and filing the 8k, and get them in big trouble.
The board voted last week, auditor may have started then, or this Monday, no way mgmt has a completed set of financials and an opinion in writing from auditor yet. And that is what they need to file.
I’ll stick with 4 to 5 weeks and a low from here of .2 or maybe back to .18, before it breaks north again.
Wrong in the auditor, they had no problem expressing opinions on 2017 and 2018 financials, and released that in lay Feb or March,can’t remember date.
This is the Tim show, plain and simple.
Got what exactly? If they started work last Thursday, it will take 4 to 5 weeks at best.
They will not look over some other firms work papers (a firm that resigned 3 months into their audit by the way) and sign off in 3 days, it would run them afoul of the AICPA, and possibly the SEC, and cost them their licenses.
It seems obvious at this point that the next leg of their plan is to squeeze all of the early buyers (pre split) out and get those shares into the hands of their “friends”.
So stop buying, stop selling, go on summer vacation and let them sweat a little.
So you are saying you believe the auditor they approved late last week has completed their audit and management has the report for final review?
We will all be happy if you are right, and we may see the Q very quickly as well, anticipating $1.5M in Revs in Q1, or very close to that, could see the share pop back up to the $4 to $5 all time high range in short order
I think we still have another leg down, and I don’t think any auditor worth a dam will come in and just “review” the work product of the other auditor who resigned.
4 to 5 weeks at best in my opinion
How soon? I anticipate at least 4 to 5 weeks of work for auditor?
I’ll go with both
It doesn't need to be audited, so lets hope "the accounting is done" inside the business every day and that they have solid month end close processes in place, so that the only detail work left is writing the report itself, which will be done by CFO and/or Controller for the Q.
Bullish, is there a rule you can point me to regarding Stop Sign and Dilution, that indicates a company cannot continue to sell shares during this time, as your comment says little to no risk, not zero risk?
If new auditor not announced via 8k by Monday, it will head back down.
Once announced, I expect minimum 30 days for them to complete their audit process and express their opinion.
Big difference between poor management, poor execution and a SCAM?
Can you give us more detail on exactly what is the scam? the sales are real, so is the product, only "dilution" as you put it is giving stock awards to key personnel in lieu of cash bonuses.
So what exactly is the scam they are running here? Please provide as much detail to support your assertions.
Maybe, but that has nothing to do with the audit, and if it does, then the lawsuits by shareholders, the SEC and stripping of licenses for CPA's will send this thing back to .0001 again.
For what purpose related to completing an audit do notes need to come off books 5 months after audit period has ended?
Can you explain this in a little more detail?
Can insiders even buy with a stop sign up?
It would be nice if people used there heads, maybe a little math and a dose of logic.
Again, why wouldn’t they have put find out and cashed in at a much higher price, if it was about taking advantage of the situation for only themselves?
You stated in your posts “lies”, inferring you read and interpreted statements they have made publicly and determined them to be @lies”.
Now you say you wish you knew? I thought you said they have done this, inferring that “you knew”
So did they lie and did you know it to be?
Or are you just making $hit up, aka lying?
I have read everything, I’m asking your your perspective based on your statement please
Which lies?