AB International Group Corp (ABQQ)

[doesitreallymatter]

I wonder what the SEC thinks about all of those whistleblower complaints. I definitely provided enough detail to make Corp Fin's job very easy. I really hope the company has the whitepaper related to revenue recognition for that contract readily available when the SEC sends their inquiry letter. Also, the company should definitely be prepared for a lot of inquiries around the transaction being a related party. Like, what do they consider a related party, how do they identify those transactions, etc. So, they better brush up ASC 850.

Of course, this is all going to shine a huge spotlight on the control environment. Once they get into that...GAME OVER MAN. GAME OVER!!!