OK, I'll waste a bit of time backing it up. I didn't know I had to document the obvious.
"...advisers and management, concluded that the financial statements for the annual periods ended December 31, 2013 and 2012 and the interim quarterly periods ended September 30, 2014, June 30, 2014 and March 31, 2014 should not be relied upon due to errors in the recording of oil and gas assets, revenue interests and drilling activities that were discovered during our preparation for our audit of the financial statements for the year ended December 31, 2014. The Company is still in the process of determining the extent of the errors."
This references financial statements covering periods back to January 1, 2012. This is why it is somewhat important and why some people may think Breitling was public three years ago--you know, because it was. Now, if you want to believe the corporation calling itself Breitling Energy went public two years ago, feel free. If you want to insist it is November instead of December, that OK, too. To everyone else, the corporation is responsible for its actions even if it changes its name, note the the reference to the 2012 financials.
I said at least five years because I didn't want to look up the date BECC was chartered, I just know it was at least five years from memory. If I am wrong and it was say 4.5 years, feel free to say I am wrong. My interest in documenting everything people should already know is waning. That is quite different from automatically saying everyone is wrong without a shred of support. Anyone who has read my posts knows I don't do that.
