$NEWC$ 10 k CONFIRMED BY CEO E-MAIL!$
The 10K is still in review, the auditors keeping coming up with adjustments and back and forth with accounting firm. The good thing is it will be easy to get the 2016 out since all of the agreements for 2016 are listed in the subsequent events of 2015, therefore, we need to just input the 2016 financials and should be done in short order. I'm going with Deloitte right here in Barranquilla going forward for 2017, it's easier since they understand accounting in both countries and are exactly what we need.
Mr.Campo,
I have a couple of question.
1. Can operation still take place without updating recent finacial reports?
Yes, however our financial reports will be updated. Project financiers don't care about the public stock, they finance mine projects directly, not necessarily through the public vehicle. They only care about the viability of the project.
2. Has there been any updates for the filing of the company's FDA approval application?
You will see a public update.
3. Does the company still have ties with Mr. Gotshalk? If so what is his role?
Mr. Gotshalk has no ties to the Company, he's the former CEO that I acquired the controlling interest in NEWC from when he got into trouble because of his father over another stock that has nothing to do with NEWC about 10 years ago. I was able to acquire the company on favorable terms because of it, one of the terms being a consulting agreement that has expired. This is well documented in several filings. When you take over a company you need to have a good relationship with former management to have a smooth transition. It is very typical for public companies to have consulting agreements with former management. Although on paper he looks bad, it was his father that did the alleged "bad deed", he basically sent a fax at his father's direction that caused him to get in trouble. I'm not defending his actions only adding clarity to you since you're being manipulated by short sellers that know how to read filings, I suggest you do the same. Go back and READ the filings, not just tidbits that a manipulator is feeding you.
AI
