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BornAtNight

09/14/16 2:51 PM

#32583 RE: gtoken65 #32582

Gman I've voiced my opinion and suspicions before after having bit my tongue for 3 years. I believe that the former CFO's had to go for several reasons. I believe AMMX needed to straighten out the books and two years of "clean" book keeping behind them so that some suspect history would not be included in the audits. I suspect that something less than good practice or something somewhat shady happened when the company was in dire straights about 5 years ago, I can't prove it, but there was a reason they told us more than once they needed two years to be auditable.....
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tyburt

09/14/16 3:40 PM

#32591 RE: gtoken65 #32582

Geez… You guys are so critical. We all know it is not in the hands of a AMMX to finish or complete the audit. It's up to the auditors. If the auditors don't hit the deadline then AMMX does not hit the deadline.
Quit blaming them… their hands are tied. I was once in a company that did exactly what AMMX is doing and it took a few additional months to complete beyond the deadline. I would say to be surprised if they hit the deadline. When this company I was in completed the audit it did nothing for the share price at the time, but since then the share price has quadrupled....VTSI.
I am not saying that they won't complete the audit on time though.