I honestly used to believe you were being negative on purpose for some advantage. I now clearly see tire just frustrates like many of us (and you’ve been here longer). I apologize for doubting your intentions. I really hope good things are coming! Even any reduced gains from selling most of my position would still be truly amazing! I just can’t take the constant disappointment so I’m prepared for the worst while still going for the best
People need to know that putting together the financials is the responsibility of the firm. it is then sent over to the audit firm for their review and approval of the submitted financials.
That is what the audit process consists of in all cases.
This is what Mark means when he says the the financials are internally ready.
Excellent reminder of events. I've believed all along that they are not current to protect shareholders from the inevitable dumping of some 70 million or so toxic shares. They wanted to get the cash flow to a position that it would easily offset the toxic debt that would flood the stock. The next few months will tell the tale of a successful rebirth or Renaissance IMO.
In fact Mark has admitted to financials being complete internally...
I see no reason to believe anything Mark has ever said about his delinquent financials. What we DO know is that in an engagement that lasted 31 months, RRBB never audited anything.
Recall that Mark has hinted that RRBB was unfamiliar with tech companies and appeared disbelieving of the high profit margins, and was too picky.
How did Mark "hint" that? He either said it or he didn't. Either way, auditors are supposed to be "picky". That's their job.