Monday, June 05, 2023 2:36:35 PM
Nils did not say "The Audit is Done".
Sure, play the clip.
The CEO did say, "bottom line is... we are almost there."
CEO Nils also stated, "the auditor is currently preparing financial statements for 2021/22, the two financial years to go to the internal review committee."
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First you make claim of a 100% false quote from CEO, false quote as he never said it.
Then the reason changes to it's not about what CEO said, but about a logical conclusion, by evidence of the CEO informing of a Registration statement bring prepared. From that, of the Registration statement being prepared, the conclusion is proposed that therefore the audit must have been completed.
Yet that logic denies what the CEO actually did say, "we're almost there," and "the auditor is currently preparing financial statements for 2021/22, the two financial years to go to the internal review committee." "and these should be approved internally within the next I would say couple few weeks." "that's something we don't really have any control over, but most of the work has already been done."
It's also what CEO did not say. He did not say the audit is done. He did not say audit has been completed.
The CEO did off-hand and indirectly say:
"...as, although it's finalized, the audit is not in fact made public until the registration statement is filed with the SEC." "In other words, the audit will go in as a draft, and be signed the day before the registration statement is filed the the Securities and Exchange Commission."
Nils is talking generally here, about the process. "although it's finalized" is a descriptor of the audit and filing process. Yet over eagerists are claiming this general description is by the CEO's own words fact the audit has been completed.
Funny how that conclusion turns into a false re-quote, but more so completely ignores the very actual words the CEO previously spoke minutes before on the very same conference call, that relayed, "we're almost there." Where he also relayed specifically that the "the auditor is currently preparing financial statements for 2021/22, the two financial years to go to the internal review committee." Gosh, he even also stated, "most of the work has already been done."
Redefining virtuosity is not virtuous.
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© 2023, by StockItOut
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