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Re: Michael90 post# 26117

Tuesday, 06/25/2019 3:31:14 PM

Tuesday, June 25, 2019 3:31:14 PM

Post# of 27120
You just don't get it, do you?

Under no circumstance would a "normal" publicly traded company "ask" their auditor to resign in the middle of an audit without already having lined up a new auditor. Never.

as an example, take a look at how the market treated this "event" - the stock price dropped almost 50%.

This was an ABRUPT RESIGNATION by the auditor, catching MDTR with its pants down

Something is very very wrong with MDTR and we will soon find out when the 10K is filed with the SEC, which probably won't be for another 3 months or so



Audit had to be for the entire year, so they had plenty of time to complete Q1-Q3 and get a head start and 6 months for Q4. Obviously they didn't or they would have been asking for an appraisal that would have happened last year instead of Apr 2019 It is more likely MDTR got fed up they were asked to resign or face dismissal.