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Wednesday, June 20, 2018 3:06:53 PM
I know you mean well Raybock, but he has noticed ..just not much he can do at this time
Sorry Macod, I can't privately reply.
I am not naive. I know he can’t magically produce an audit or drive the stock price back up. But I do believe he is partially responsible for this audit dragging on forever. If he were on the phone everyday for the past ten months we would have been finished by now.
I don’t think he is trying to pull a scam. But I do think there may be something in the audit he does not like and is fighting with the auditors to make it appear in the best possible light, and they are arguing about how to do that. It is also possible the 2015 books are just plain screwed up beyond repair and he is trying to run out the clock and just retire that year, wait until the end of this month, and then produce an audit with 2016, 2017 and 2018, since fiscal 2018 ends at the end of this month. Which would mean he could just ignore 2015 all together. Hell we didn’t even acquire Snakes until 2016 anyway.
But he needs to be honest and just explain the delay and take his lumps. This company is in much better financial shape today than when I first bought over a year ago. I don’t really care what happened two years ago. We are a new company now, expanding and growing internationally. So wrap it up and move on.
Roger has run out of time, soon the stock price will be totally shot and he won’t be able to dig himself out with an audit.
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