TDYH update
Conversation with Mickey Cunningham this a.m.
- the independent reserves audit is almost complete, just a few small details to verify, then it will be ready to file with the SEC
-the financial audit is in process, they have two questions for the SEC before they file and are waiting for clarification on accounting proceedures and how they are to be presented in their filing.
-the independent auditors have been chosen and will begin immediately after they recieve the company documents.
- the legal team behind Tandem that is responsible for taking them to the larger boards, has advised them to go into a quiet period and not release any news..... this is not what I wanted to hear however I can understand their position.
From what I could gather everything is going fine, I mentioned to Mickey that this stock has to be above $4. per share for 30 days before they file for the AMEX and he did not see that as a problem, the company is progressing forward and he just asked me to hang in there.... that is kinda hard to do when you look at the bottom line but when you look at the fundimentals the company will produce expected results.
He was sympathetic with investors concerns and just said for those that hang in there through this quiet period, everything will be fine.
There is no substitute for conducting your own research
