Been awhile since I have posted here but you do have a very valid point I do believe...
It is hard to NOT question everything that is going on here. I for one have little faith in the PR's as all I see are more and more of the same.
If you are going into negotiations... the 1ST THING asked for is audited financials. That is basic business 101. Now maybe he didn't have them and that was part of the reason they pulled out.. purely speculation on my part though.
I can't see how after this long we still can't have audited financials... I keep tripping over that. I mean it isn't that difficult and for the cost of the last 5-6 PR's I would think you could do them with what you spent there.
I mean c'mon... even if you were just using quick books as an example, at a minimum you would have enough to be more than 3/4 of the way to getting the info for audited financials needed.
Something is DEFINITELY NOT RIGHT here. I don't know what that not right is, but it is definitely there and it shouldn't be this hard to get answers.
I admit that I didn't ask any questions on the open call, so that is my bad and I don't feel right about complaining because of that but that doesn't make Scott right and me wrong either.
I am like many... been here since EYSM and got in WAY HIGH. I have averaged down a LOT but still very high compared to the current .0004 and I can't justify buying more and potentially LOSING MORE in hopes I can get low enough to bail out... so I am stuck... just like most. Waiting and hoping but that faith is fleeting and diminished.
I hope for the best, I EXPECT the worst, and there are valid points on all sides... but if you can't see some piece of the pie is missing then I think shame on you. If I ran my company like this and tried to establish a new partnership without financials I would be laughed out of a room.
So we sit and we argue over the same things. Audited Financials. Whether you are Team Scott or not, you gotta admit that those financials are:
A. Not this hard to get done
B. Don't take almost a year to get done
C. The answer to 90% of the issues that get discussed every day.
So Scott should just bring them on. If they were "almost" done in October and now "almost" done in December, it will be April at this rate as someone will have to sift through another quarters worth of info as soon as we roll over into the next one.
I don't get it, understand it, like it, or approve of it.... but I have no choice... I am a bag holder until proven otherwise with no option but to wait...
I can't believe I just sat here and took the time to type all that. I try to be reasonable but this has pushed my limits. I am not into it for as much as some but I still don't like the losses or the promises missed.
He NEEDS TO GET IT TOGETHER... He may know what he is doing but that is yet to be proven and that isn't getting done. PERIOD!!
AI
