Banro Corp. fka BAA

[chrislal]

Ref: StockItOut

Post # 63175

Still did not receive any call from Banro Office and decided to go to visit them uninvited.

Went with my friend (Not invested in BAA) to Banro head office and met with Rory Taylor (CFO ). Asked him about not replying my phone messages. His response was that he was busy and have not had chance to review my message.

NO specific date for Namoya operation for resumption.

No timeline for interim financial filing. It is board of directors decision but wondering why? They have to follow the security laws of reporting. I think that is why it has been halted.

Asked him how come it is trading on U.S. Exchange and he said he doesn't know, they gave the same information to Toronto Stock Exchange as U. S. Exchange.

Asked about whether bankruptcy is as an option on the table. His response was that it is not being discussed as an option. There are other options being discussed but would not be able to disclose anything because of his position.

Asked about money disappearing so quickly. Mentioned that they still have expenses even though Namoya mine is suspended. Rainy season, road repairs and political unrest in Congo all attributed to this.

It seems that Rory Taylor was straight up person. I didn't get any fluff from him.

I guess I have to wait and see. Though I could sell my Canadian stock on U.S. Exchange but as I mentioned before , what I gain for selling at 97% loss.

Good luck to everyone invested here.

P.S. No one should invest based on the posters here, They should do their own dd rather than listening the posters here especially the pumpers.