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MtnGuard

05/10/17 7:36 PM

#39369 RE: ctb #39368

I respect that our judgment differs on this and it also sounds like your experience greatly outweighs mine. I'd be interested then to understand more clearly why the behavior I refer to appears ethical to you and why lying about the status of the 10k can be overlooked in a technical analysis.
Thanks!
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RadioSilent

05/10/17 8:09 PM

#39375 RE: ctb #39368

Never lost my trust. What are they (Mtn and Teq) referring to? The fact that the financials were release soon after the call?

I assume that the auditors ran long, and DY started the call on schedule...as he should have. The financials were finished at some point during the call. Then, I assume DY ripped the auditors a new one, and then released.

Assuming that DY was blatantly lying about that fact would be pure conjecture, and in my opinion doesn't match his past behaviors. Others have indicated doubt in the past, saying that he had worded a release to "indicate that all debt was gone, when it wasn't" doesn't hold water with me. Read the release. He worded the statement just fine.