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Chiugray

05/11/24 1:10 AM

#690572 RE: Arby2000 #690571

Arby, Correct, that is my understanding as well. All written information on the 10Q is supposed to be written on what was known as of the period end date, March 31, 2024. If something comes to light on April 1st or after but prior to report issuance date, it would still not be included or reflected in the written information. The only exception would be under a "subsequent information" section. Investors compare MD&A of one quarter to the previous one, so it has to be this way, so reports have clarity and can be compared against each other.

So yes I also agree it is very possible inspections may have already taken place since March 31st.
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kabunushi

05/11/24 1:36 AM

#690573 RE: Arby2000 #690571

Quite so, the Q is written to describe the state of the business as of close of the quarter. I wasn't thinking about that - damn old age really does slowly rot the mind! I don't know how optimistic I'd be that the necessary inspections have been done in the meantime but there is a chance they are done or at least now underway. A positive finish in May sure would be sweet but I'm not going to be counting on it, just prepared for a very pleasant surprise (which it will be if approved, no matter how many weeks away that is).