Cardinal Resources Inc fka CDNL

[Sir Grundleton]

I'm more concerned with this being halted. I'm sure the SEC will have some questions for them. This wasn't a small error, they understated millions of dollars in liabilities and took a year to acknowledge it. I'm hoping for the best but I dont see how this blows over easily, as just a accounting error. If they knew before the deals were made and waited to realese until the pps went up then thats shady. Best case is they found this out when going over the financials with the Chinese but still came to a deal. Worst case, they made the deal based off incorrect numbers and the Chinese back out. Or they get halted, say they are going private, delist and sell the company to the Chinese.