I am not going to sit here and praise the company, but I am a CPA that worked and sometimes still does subcontract work for a big six firm and I know first-hand that a change in auditors always (always) causes delays. A change in auditors (for valid reasons) results in delays due to different styles of workpapers, issues clarification, etc. etc. It's just part of the business. I am not trying to hype the stock. I own 5,000 shares at like 20 cents, so I am not going to go broke or hit it rich. If I made a bad investment and I lose everything, so be it. If the company has problems, fine. However, I would just like to state for the record that a delay in the earnigns due to a change in auditors does not raise a red flag for me like it does for some of you. Just my opinion of course. Like I said, my floating 1,000 to put into risky BB stocks happens to be here now.
Also, and I am not sure on this, but didn't a release in like september state something like 4 cents per share earnings for the first 9 months? Or is it before the dilution we are hearing about. Obviously, for 1,000 of play money, I didn't look into this one too hard. |
