That's about the craziest thing I've ever heard.
If there ARE financials to be had, they should be made available to shareholders. Current and prospective alike.
There's no excuses for it. For companies that trade on real exchanges, it's not a choice a CEO can make. It's mandatory. Only on the OTC can someone get away with it.
Well, I've said my annual peace. Walther, you go ahead and continue to flaunt the system because you can.
See you next year because I'm sure you will STILL be refusing to release financials to your shareholders then, as well.
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