You are right. A new PR firm will not get the financial statements done faster but a new CFO will. Time for a change.
I want this company to reach its potential. It should be trading about $25. It will stay in a trading range of $8 to $15 until management is more reliable. My posts are to tell them to wake up and realize the potential of the company.
It is bad enough that the statements were not filed on time, but to drag out their extended release is a slap in the face.
My worry is that they miss this date.
Oh Cheng, I know you are an insider, so please spare me the veiled sarcasm. ANFI has a credibility problem and they are going everything possible to lose investor confidence. I did look up Alcor. They are a cryonics company in Scottsdale AZ. I agree with you. I may need to have my body frozen and brought back to life sometime in the future. Maybe then ANFI will have its financial statements released.
Management counts 978,463,539,520,145,678 grains in inventory.
Auditors comes up with 978,463,539,520,145,676 grains. I guess we better start over and count again until we get the same number.
That's why we are waiting until the end of April.
You are right, Cheng. All those things could happen. The issue is that the company is late on their filings which is entirely unacceptable. Coming out with a press release stating that they will release the statements at management discretion sometime in April is an offense to the shareholders.
Watch they announce on a day that the Nasdaq is down 100 and the stock price faces a market headwind.
So is management is going to let the stock drop to $7 before they release the financials? What a waste of momentum. They really need to hire a top notch investor relations team.
Actually it does make me feel better. Thank you! It is a little therapeutic to vent at companies who are supposed to follow the rules, but don't.
How long are they going to give the Zoom to figure out whether they have the money or not. It is becoming obvious that that Zoom does not have the resources or the Chinese government will not let them do the deal.
Sentiment: Strong Sell