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king oil

06/09/14 12:42 PM

#6247 RE: Until2020, formerly Until2017 #6246

How is this a significant event?

In connection with our efforts to become current in our periodic and other reports required to be filed with the Securities and Exchange Commission (“SEC”), we are attempting to raise the necessary funds to hire a Public Company Accounting Oversight Board (“PCAOB) registered auditing firm to conduct audits and file Forms 10-K past due of our Fiscal Years ended June 30, in addition to filing any Forms 10-Q then due in conjunction with our SEC reporting requirements.

it's part of normal business for most companies. I guess it's an event for Tirex, although they don't say how they plan to raise the funds. More shares? At these prices the dilution will be massive. Reverse split followed by more shares? JT will sell his beer collection?

At least if he ended the filing with 'stay with us' I'd have more confidence. LMAO