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Re: Fat Thor post# 256169

Wednesday, 10/16/2019 8:49:47 AM

Wednesday, October 16, 2019 8:49:47 AM

Post# of 346672
They underwent an uplisting audit and underestimated how much work it would take to audit a company with eight figure revenues, they do business in multiple countries, they collect cash in one country then report in another(currency conversions), they purchased a BK company in France that had poor record keeping, they improperly formatted hundreds of thousands of transactions (while private) that needed to be redone, this ticker has been in existence since 1985 (under multiple managements)and all share transactions dating back to that time needed to be provided in detail which is hard when all the records can’t be found, etc, etc.

Most companies are already uplisted when they reach this size. They grew so much and so fast over a short time it overwhelmed them...

It’s been a tough period for Longs, but in the end it will be well worth it, because this company has multibillion potential. Just like any other popular food/entertainment chain. Do the DD, do the simple math

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