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Re: heavymetal post# 100402

Wednesday, 11/09/2016 1:54:06 PM

Wednesday, November 09, 2016 1:54:06 PM

Post# of 232841

in that case if there is news, good or bad, it should be announced before the cc



I'm guessing you mean by "before the cc" when the Q is released, which is about 20-25 mins before the c.c. They ALL do it in such a short timeframe - even with the annuals, but hardly enough time to read a 30-40 page Q with footnotes.

My guess is that you're going to see something in there like below. They've done it before re Visser. This time I think it's more material though.

http://www.accountingtools.com/questions-and-answers/subsequent-events-definition-and-usage.html

I know, I know, everyone will focus on the negative - bad debt or lawsuit. They don't have any bad debt to write-off and they settled Visser, plus they haven't done any business yet to be sued and the money just came in 2 weeks ago, so let the conspiracy theories run rampant.
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