Replies to post #140325 on PCT Ltd (PCTL)

[greybeard34]

I still put the blame on PCTL. They should know how long it takes from submission till finalization. They have to do a better job of submitting them way in advance, then they won’t be cutting it so close every time

[skitahoe]

You may be right, but we'll never know. The company has to take responsibility for being on time, this isn't an audited report, but clearly they want the auditors to look it over. If it's done, even if the auditors haven't completed their review, it can be issued. If the auditors find something which must be fixed, revise the quarterly. I've seen many quarterlies revised over the years, the changes have generally been minor in nature, but were deemed necessary.

If this fails to be done, the credibility gained by the presentation made by the company will be largely lost as we were assured financials would be on time.

Gary