Replies to post #902 on SGOCO Group, Ltd. (SGOC)

[FORTISGR]

Zoepan:

The problem here is that the Annual report we are ALL waiting will be unaudited as the auditor did not complete the work.

SEC requires the Annual report to be audited by an independent public firm.

But still, SGOCO has the option to give the work to an other company and bring out AUDITED results. This will be perfect. But how long will it take?

Or...they ll release unaudited annual report and investors will not like that!!!!!

Also- imagine iF the buyer did not pay for the instalements - if it reveals to be true- we re ALL burned here- no one will trust this company again. i feel that the problem is there!!!

Zoepan----cross your fingers!!!!!!!!!!!!!! this situation does not look good!!!!

(it is not normal from December till now - almost 5 months to release an Annual Report)!!!

I bought this fucking stock thinking it ll go to 4 $. i sold 20000 shares @ 3.2$. i remain with 40000 shares and i really regret i did not sell them on time. I thought the Annual Report was going to come out on May 15th. But still- something was wrong- if you the increase in volume before April 30th.- it looks like some people knew about what just happened and they came IN and pull out their money!!!!! For 3 consecutives days- the stock was making movements on NO NEWS!!!!!!!!!!!!!!!!

Not a normal situation- but lets WAIT!!!!

[FORTISGR]

Zoepan:

bro- sorry to tell you this but i just READ the yahoo.boards on SGOCO and few people warned that this situation was going to happen!!!

Someone even said that the price will go down to 0.75 $ on "no earnings or weak results or delisting".

The company will report UNAUDITED results and this is going to 0.75$ or 0.50 $.

The increase in volume end of April " was just someone anticipating this situation"!!!!!

IT WAS A TRAP!!!!!!!!!!!!!!!!!!!!!!!!

IF the management does not change this situation - WE RE ALL BURNED HERE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!