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Re: Auditor 1 post# 4805

Friday, 10/09/2015 3:04:28 PM

Friday, October 09, 2015 3:04:28 PM

Post# of 8579
Auditor1, in the "public domain" there actually is some good company news which hadn't been specifically circulated to the investor community (nor should it have been). Take a look at:
http://www.weddingwire.com/weddings/3885352/wedding_new_website#!/website/3383774

It appears that Kyle W. has gotten married. The fact that the wedding took place on July 25 might explain the delay in the annual financial reporting, as...

...my Googling did not come up with the duration of the honeymoon, but any time away by a key executive of a small company during the completion of the audit is generally going to delay the audit. In particular, Sarbanes-Oxley assertions take time to prepare and be reviewed (I'm speculating a little here, as my own career was in the nonprofit realm).

I view Kyle's getting married as good news for the company - apart and beyond from maybe explaining the delay in the release of the 10K - as (it was generally the case 46 years ago when I got married, and maybe something hasn't changed in all these years)newly married people tend to get more serious and diligent about their lives, including their careers. I'm not trying to open any debate here on demographic trends, human nature, etc. as much as I'm just trying to give the benefit of the doubt as regards the delay in financial reporting. Kyle may be even more driven than ever to make this company succeed, or at least I would imagine that to be the case.

You wanted good news, and that was the best that I could do. It's amazing, maybe scary, how much of our lives are just sitting out there for anyone to read - and how easy it is to access that info just via a search engine.