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Re: blue_skies post# 1464

Wednesday, 11/14/2018 10:01:05 AM

Wednesday, November 14, 2018 10:01:05 AM

Post# of 2611
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

Yes
?
No
?



The Company currently anticipates an increase in its operating loss during the fiscal quarter ended September 30, 2018 as compared to the fiscal quarter ended September 30, 2017. This increase is primarily due to the increase in selling, general and administrative expenses resulting from the professional fees and related expenses associated with the internal investigation. These fees and expenses totaled approximately $4.2 million during the fiscal quarter ended September 30, 2018



A month and half later, still no end in sight. They may have spent another million or two in fees.