(Repost) Do you think that they will never get their financials in order? Do you think they have come this far to just give up now?
Do you comprehend how fast this company went from nothing to $XX,XXX,XXX? If someone has never been through a undertaking of the magnitude, they wont have a clue of what it entails.
Simple things can take weeks of back and forth BS, just because the auditors have many other clients financials to work on as well. They are not on standby. They are not even located in the same country... You might get one meeting per week and if they ask for more details about something, its another week wasted.
AMFE cant even hire people fast enough right now. They must have 250+ employees and constantly run ads... and finding KEY people, whom can help with the financials, etc TAKES TIME.
Lets also keep in mind that much of their time was spent on the multi year audit. This slowed the 2018 audit. It overlapped... Not many companies experience this many audits back to back to back. ONLY uplisting pink stocks go through this, which is why less than 1% ever complete the multi year audit, which AMFE has already done.
It sucks, i get it, but is it really that hard to see that they are sincere in their efforts and are just slammed with not only several audits IN A ROW, they ALSO have to manage a RAPIDLY GROWING small cap company that cant hire employees fast enough???
Would you rather own a company they doesn't have growth, but gets all their overhead paperwork done on time... or a company that is growing so aggressively, they are having SHORT TERM issues trying to keep up?
Long term, they will be able to hire the right people and all of these issues will be a thing of the past. Nooooo doubt!... These are not long term detriments. These are just growing pains
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