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Bonanza Goldfield Corporation Message Board

  • wcoastguy2008 wcoastguy2008 Dec 10, 2011 10:09 AM Flag

    Delay In Filing the 10K Update

    According to REED198 from the Investor's Hub board the delay has been due to the auditors demanding 100% disclosure in order to bring the company into full compliance with the SEC reporting requirements.

    Evidently the previous C.E.O. was not big on record keeping.

    Once the 10K is completed it will be very easy for future reports to be not only accurate but filed in a timely manner.

    Personally I'm impressed by the firm that is conducting the audit and completing the 10K.

    Risk reward says that at a penny a share there is substantial upside here.


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