InvestorsHub Logo
icon url

elvisonfire

10/09/20 3:55 AM

#50757 RE: PamelaR #50756

and so after all of that...you conclude that the company has remained dark, and has not provided any fins...q1. q2..q3...or ladt years yearly....because. why?
icon url

nicehit

10/09/20 6:28 AM

#50758 RE: PamelaR #50756

Its all about the money. If you didn’t pay the bill (10k) i would walk away too.

Question is, if we are generating revenues especially in this crisis environment. We should be pouring money into getting the financials done.

management supposedly owns most of stock. Its a great ROI for management, company and shareholders to get it done and become fully reporting!
icon url

daiello

10/09/20 11:01 AM

#50764 RE: PamelaR #50756

Agreed, the accountants were involved with the company through the end of 2019, so if something shady was going on, you'd think they'd step up and say something. Can you imagine something shady is going on, not only does that bring down everyone on the management team at SOLI, but also the reputation of the accountants will be affected. Would they be willing to risk that?

I think it's safe to say there is no scam here or house of cards, but probably a bit of incompetence, lack of urgency due to the SEC deadline forgiveness, and possibly some differences in the way this new firm prepares for the last accountants.