Golden Ally LifeTech Group Inc (AQPW)

[NativeBuff]

Signet Contradicts Itself over SEC filings

When publicly discussing the Audit and getting caught up with the SEC in October 2019, Signet President Tom Donaldson stated:

"Mr. Donaldson also confirmed that Signet is undergoing an audit and will be fully reporting within the next 8 to 10 weeks."

10 weeks from October would be year end 2019. We're now in Feb 2020 and no sign of fully reported financials.

You can knock my comments of being appropriate for NASDAQ not OTC, but you can't knock the fact that the Signet President said in October 2019 that the company would be fully reporting within the next 8 to 10 weeks.

We're a month and a half past the stated "8 to 10 week" timeline. When a company fails to meet their own stated timelines for important milestones, then I'm calling that a Red Flag.

Others here seem to think it's a buying signal. Then write your check and buy some more.

I'll be on the sidelines at least till we can see the SEC filings and have a true understanding of the financial position of the company and the actual rights Signet holds with the patents they are promoting.