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Re: JohnCM post# 19365

Sunday, 01/16/2011 6:54:17 AM

Sunday, January 16, 2011 6:54:17 AM

Post# of 91121
Apparently that is how much pinksheets charges a company to post financials.
It also takes extra legal and accounting fees to do and post financials,so many companies on a limited budget(as CWRN was til last summer)don't want to pay the extra fees. And CWRN was busy w production startup activities beginning last summer.

However, CWRN has said not only will they start posting financials at the end of the 1st quarter,they also intend to have audited financials,which is rare in pinksheets.
Again this info was available to anyone who read my past posts.
If you read CWRN's last filings,you can see that not much would have been gained by continuing to post the same limited financials at that time,since they were not in production at the time.

Now that they are in production and have a backer,they will have good and sufficient financials to post.