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Thursday, June 13, 2019 11:36:02 AM
If Starlight's second email is to be believed - and reluctantly we have to - then it appears that the reason why RRBB resigned is because they requested specific information regarding the 2018 10K audit - I assume this because they mention problems starting in November 2018 - and for some reason Rene and the accountant was reluctant to comply and stopped communicating with RRBB.
This tells me that at least internally, there is a high probability that ARYC had prepared and submitted the 10K to RRBB for audit. In fact Mark has admitted to financials being complete internally.
I also suspect that the 10Q for Q1 2019 is complete. This does not have to be audited.
So putting it all together, it could be that ARYC hires a new auditor, sends them the 5 completed 10K's (2014-2018)and gets them to expedite the process.
Recall that Mark has hinted that RRBB was unfamiliar with tech companies and appeared disbelieving of the high profit margins, and was too picky.
Also recall that RRBB was not selected by ARYC, but rather was recommended/foisted on ARYC by their then toxic lender Iconic. Iconic needed the financials completed because that was the only way to sell their ARYC shares.
Sad, true and depressing.
P.S. Of course this requires one to believe that ARYC wants to become current.
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