AB International Group Corp (ABQQ)

[MadBrewer]

@ mustang,..if one may to see If an Union Electrician, with limited concept yet an over all idea,
to see if one's thinking is at least in the right direction,..

"If they didn’t report revenues for any of the consolidated entities in their earnings release that is fraud.
They would need a note explaining that revenues were not recognized and the reason why."
Ok,..that went a tad over my head yet,..

"In note 14 they have not disclosed any material subsequent events.
The most disturbing note to me is item 4 where there talk to their “disclosure controls and procedures were not effective due to the presence of material weaknesses in internal control over financial reporting.”
Note 14 pg F-21;


Item 4;


Ok, is the bulk just legal-es as a CYA statements?
Would that be kinda a "norm" or is there something else I'm missing?

"They further state they are working to correct the problem",..
Shouldn't that have already been worked out before the filing?

Sorry for my,...rambling, I never really get this in-depth in fins w/OTC.

But I have been working on a live cast market/OTC thing &
would like to chat about financial filings,...even just a Zoom call where we could highlight certain parts of it.

Cheers