Replies to post #8631 on Celsius Holdings Inc (CELH)

[Snizzle]

Good, don’t. No reason to. Doesn’t change the fact that the ceo and directors dumped many shares last week.

See the 15 form4 filings.....they don’t lie.....embrace them as reality and move forward....

[Snizzle]

“CLASS PERIOD: August 12, 2021 to March 1, 2022

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, the Company's financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius's internal controls over financial reporting; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.”


So this means that the 3rd quarter 2021 was actually aloos for shareholder value correct?