Sunday, April 14, 2019 7:53:57 AM
Lets all take a deep breath ...inhale exhale...relax
The company has new auditors Friedman LLC I am sure they are looking everything over and making sure everything is fairly presented big mistake if they miss something like revenue recognition
The last thing Friedman wants is an action against them RIGHT?
SO bottom line the 10 Q is due bright and early Monday morning worst case Monday by 5 PM EDST.
If LFER does not file I will be concerned.
But then again lets wait and see.
The numbers are the numbers if they do better than their past growth I am in. If they do worse I am not believing their past filings with the old auditor.
If they do worse then its time to hit the sell button sell sell sell and figure things out later.
The stock has had a huge spike and I have a hard time understanding the cause.
1. either someone knows some good news that I do not know and it will be out in the filing on Monday OR
2. the CEO has associated the company with an IR firm to hype the stock that never works just look at Long Island Ice Tea....
MONDAY all the cards will be turned over. The 10 Q is required to filed it is the last possible day and beyond the 45 days because of the weekend
I hope this has a happy ending Monday or the CEO has some explaining. Maybe the auditors too.
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