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Opportunity Strikes

05/25/16 10:57 AM

#14527 RE: Ashbury #14516

He has already put a team in place to fix the financials going forward. The financials from 2015 are going to be terrible anyways. Its this year with the contracts and income flow that will make this stock silver.
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thclemensen

05/25/16 11:12 AM

#14528 RE: Ashbury #14516

He's an engineer and scientist not an accountant. All companies starting out have difficulty. I really believe that if everything comes to fruition larger companies will start taking a look at Cardinal Resources.
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crookedneck

05/25/16 11:13 AM

#14529 RE: Ashbury #14516

Some folks missed that $CDNL's CEO hired a CFO recently and given all that has taken place with this new contract and all, it will take some time to get everything sorted out. I am sure the new CFO will get the 10K completed very soon. I don't think Kevin would have hired a CFO if he wasn't serious about getting current and staying current on his financials.

I think Kevin would be the first to admit that the financials are not his strong suit, which is why he hired the new CFO after this big contract with China was signed. It is reasonable to assume that it would take the new CFO 4-6 weeks to get up to date and complete all the past filings. I remain confident as ever and buying more as funds become available.

I think some get so caught up in this that they forget all the other important developments that have taken place recently. Those that are selling now, didn't complete their full DD. For if they had they would know the downside is very minimal, while the upside potential is ABSOLUTELY MIND BLOWING! But this is what happens while we wait on further developments, folks get ansy and start selling to run off chasing the next big thing, which is why so many are never successful.

I remain focused on the FACTS and the FACT is, nothing has changed to warrant any selling, quite the opposite, since everything points to a huge increase in shareholder value as more and more business opportunities are surfacing for CDNL every day across the globe! Cheers!