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Re: StockItOut post# 624

Wednesday, 09/04/2024 10:10:28 AM

Wednesday, September 04, 2024 10:10:28 AM

Post# of 644
They have been dragging their feet so long even the OTC pushed them off. If we believe their update, we will see the late financial reports by the end of October but that is based on them being forthcoming which they don't have a record of. In private conversations, I understand they don't have the money to pay for the audit and keep putting all available cash into operations which could be good but is also a terrible way to operate. You always have wants and requirements. Paying the auditor shouldn't be a want but clearly, if my info is accurate, they made it one. Time will tell but right now, 50/50 if they don't go bankrupt before trading again. Wish I had more faith but the ongoing delays show systemic issues. I have also been told that Chris has never spoken to the auditors and just relies on the consultants to manage that. If the CTO gets lifted, Chris is one of the first things that should go. He clearly doesn't understand that the CEO needs to ensure things get done. Especially in a growing company.