Alpine 4 Holdings Inc (ALPP)

[nsomniyak]

They have stated that financials since 2020 are not to be relied upon base on their audit. While this is generally bad news, the 8K went on to state that management does not expect the changes to impact the numbers reported for revenue (top line) or EBITDA (bottom line).

We'll need to wait for the restated numbers, but their comments suggest that this had to do with accounting technicalities (they mentioned income taxes and accounting for acquisitions). If that is true, and the top and bottom lines truly will not be impacted, then things are ok, and the company is in fact making the money we have believed it to be making.