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lesgetrich

11/16/21 2:11 PM

#109577 RE: Kroooo #109576

LOL The risk factors are mostly boilerplate language that's included on every one of their financial reports because it's required by the SEC. Check any company's financial statements and you'll find the same thing. The SEC requires that every company describe the worst things that can happen to the them on their financial reports as a warning to shareholders. I usually just skip over that section on a company's reports because there's risk involved with buying shares of any company and I don't need to be told that if they don't sell their product or service they will probably go out of business.

What's encouraging is that they've finally released the report and, so far at least, their pps hasn't tanked. Now they still have to submit their financials for 1FQ22 (thru 7/31/21) and 2FQ22 (thru 10/31/21). Their 1FQ22 financials would bring them current. Their 2FQ22 10-Q is due in mid December.