News Focus
News Focus
icon url

Edward

08/24/20 10:40 AM

#16469 RE: turn-around-king #16468

Just my opinion.My guess the Audit is close to being finished.

The auditors were hired on 11/19, so they must have done some preliminary work in DEC19 and Jan.20,then Covid happened.

Normally it takes three to six weeks for a corporate audit if the records are in good order.Apparently it seems the records were not in good order. In addition this is a 2 year audit, so IMO it could take 10 weeks for each year,which is 20 weeks in total (5 months). Also Covid might have hindered the audit.

Just speculation on my part,If they restarted ( started  mid April 2020 , just an assumption,  the audit should be coming to an end by the end of August or at least i hope so.

http://www.secauditor.com/faq.php   ; SEE question #6 0n the link.
icon url

Tiger Money

08/24/20 11:51 AM

#16471 RE: turn-around-king #16468

I agree. This is a canary in the one coal mine