Ride the Tiger with CD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lhn5 who wrote (51233)	5/10/2006 10:36:02 AM
From: TheSlowLane	Read Replies (6) of 313036

Yes the stock is halted. Randy expects it to be trading again by the end of the week. I just got off the phone. There was a personnel change in the back office and the person doing the accounting left at exactly the wrong time. Another party was brought in to complete the work. The audited statements are done. What happened is that the auditing firm that audits Chesapeake's statements got randomly audited and caught something that wouldn't have been an issue if the accounting work hadn't gotten delayed in the first place. So, bottom line, it sounds like a relatively minor oversight, though Randy was clearly not happy about it. I managed to get a couple more questions in and it sounds like there is a lot of good stuff going on, though it will take some time before they are ready to announce anything. The other stuff that we know about (Calavara, Cucaracha, AAU) is all progressing as anticipated.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next