InvestorsHub Logo
Followers 27
Posts 3760
Boards Moderated 0
Alias Born 05/31/2011

Re: Davinder Randhawa post# 138479

Wednesday, 05/01/2019 8:07:57 PM

Wednesday, May 01, 2019 8:07:57 PM

Post# of 205105
From a post earlier today by directmoney:

directmoney Wednesday, 05/01/19 07:30:52 AM

Post # of 138479
The reason they haven't released fins is due to their lawsuit with Iconic Holding LLC. They have a settle conference(civil) scheduled for 5/10/2019 @ 1:30 CST! The reason they do not want to release financials before is due to the fact that Iconic could profit greatly from the shares that they have when they sell out. Instead of that, Mark is going to cut them a check from all the profit being made. Once this is completed, they can properly release financials.

I am trying to give mark the benefit of the doubt that even though he says that the financials are not based on court proceedings, I think legally he has to say that.

These are all my assumptions based on the time line. But it all makes sense.