InvestorsHub Logo
Followers 2
Posts 75
Boards Moderated 0
Alias Born 12/09/2009

Re: OTC Scam Hunter post# 9874

Wednesday, 12/09/2015 2:19:17 PM

Wednesday, December 09, 2015 2:19:17 PM

Post# of 13668
From what I understand the current management has filed the proper paperwork with the AMF. They have signed their names to the financials for the year that they have owned DRAG/HTIC, and they have filed what financial info the were able to dig up for the historical years. But the AMF wants them to sign their names to the financials for the historical years when the company was under different management. They won't do this as they are liable for those past years if they sign their names. That is the impasse, I believe. Apparently FINRA was satisfied with them signing off on the current year and just reporting what they had for historical years.