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Re: Gentlemen Prefer Bonds post# 2196

Thursday, 10/10/2019 9:55:17 AM

Thursday, October 10, 2019 9:55:17 AM

Post# of 2645
actually, wrong yet again

there will be significant downward adjustments to assets in the new RESTATED financials, all 7 of them

This would be considered very bad news and cause the stock price of FTMR to drop significantly once the financials are issued

the current downward trend in the FTMR stock price is showing this potential outcome




I think Fortem is close to filing their updated financials. This has been a big mess and inconvenience for them. Working with auditors takes a lot of time. There is a lot of back and forth and the auditors want to make sure they do their job. The only things being changed, according to the press releases, is that Fortem is changing the way they booked the acquisitions of their properties and they are booking the cost of some shares issued a different way and at a different price. Very unfortunate that it has taken so long, but auditors don't work fast. I'm a buyer down here (if I could get filled on my orders) and not a seller. Once everything is filed I think we see some news and higher prices. JMO


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