InvestorsHub Logo
Followers 12
Posts 672
Boards Moderated 0
Alias Born 10/12/2016

Re: Bodhi_Trades post# 39751

Friday, 04/09/2021 4:27:25 PM

Friday, April 09, 2021 4:27:25 PM

Post# of 110506
Bodhi wrote:
"I agree. Any indication on audit completion timeframe?"

I don't have an indication, sorry. When I spoke to one of the partners, shortly after it was announced that they were the auditors, at that point they had not yet begun to do any work. I can tell you that when a CPA firm is conducting their first audit of a company it will take longer to complete since everything is new to them. Since they are certifying to the reasonable value of the assets, including the mines, which gitreal has stated do not exist, the partner seriously stated that, as part of the audit, they expect to travel down there, unless there was a third party source they could rely on. Just because the company says it exists is clearly not the way to certify its existence.

Until the certified statement is released I find myself on pins and needles.