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mrw21j

10/14/18 10:34 AM

#15072 RE: bailosellhai #15070

Consistent with previous performance, don't expect it.
Not too long ago, remember checking each day to see if fins released, company brought current, and stop sign removed?
They have spoken of restructuring financial software and systems to prevent this in future, but a lot of OTC companies speak of a lot of things that find a great excuse not to materialize. Honestly, if that really did occur, there would be no reason to delay financial report. The 2 week extension to report after the already 90 day time frame to complete annual report is such a bogus buffer. Honestly, why is 115 days versus 90 days an adequate amount of time to complete this report?

There is a lot of acquisition discussion, and a share increase to facilitate growth. This is the same increase that was requested late 2017/early 2018 (I honestly don't remember exactly when, except that it was postponed), and then addressed again and executed now in October.
Knowing this was all part of the daily business dealings, it doesn't seem there would be much legitimate reason to delay financials.

It is poor form to have let 10-K not post prior to share increase vote. Not only bad form, but showing mixed priorities to shareholders, and continuing the pattern of previous actions, rather than operating as a company with new energy, new direction, and new goals.

I hope to see the report tomorrow, unfortunately I simply don't expect it, as the leaders of this company have not really shown a change in corporate behavior pattern in my opinion.