InvestorsHub Logo

flipper44

12/07/20 5:51 AM

#336483 RE: exwannabe #336482

They acquired Flaskworks over three months ago.

CogDiss 1188X

12/07/20 10:15 AM

#336576 RE: exwannabe #336482

Historical data that has not previously been part of their accounting system


Is it possible that Flaskworks accounted for various items in a way over the years that NWBO decided would be best to restate Flaskworks’ prior filings? If so, are there situations in which they’d want to go back to the raw data and recalculate the numbers?

I’m not an accountant by any stretch but I can envision Flaskworks pulling out a box that contains scraps of yellow legal paper with raw data on it from years ago. In any case, it might to be so straightforward to merge the two systems/statements.

Is something like this a realistic possibility?