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Re: Rutgers87 post# 12248

Wednesday, 04/09/2014 8:21:12 PM

Wednesday, April 09, 2014 8:21:12 PM

Post# of 12456

Why do they continue to put out financials ?



Almost certainly in a misguided attempt to keep themselves out of prison. I have seen it many times before - after being caught in these scams, management attempts to pretend it was all a big mistake by trying to file their way out of it. They (or their counsel) thinks it will send a good-will message to the regulators and/or jury that it wasn't their fault and the continued filings prove they are really stand-up corporate citizens who deserve a second chance.

It doesn't work, BTW.

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