Posted On: 05/07/2014 9:43:37 AM
Post# of 3844
Latest share structure should be updated any time now.
Last posted structure was:
800M A/S
345M O/S
226M FLOAT
SHARHOLDERS WERE EXPECTING 14 - 16M FOR THE FY2013 K
CHINA ACCOUNTING ISSUES RESULTED IN ALL CHINA REVS BEING ELIMINATED FROM THE K. RESULTS WERE 840K(ish) IN GROSS REVS WITH 7.1M IN LOSSES.
COMPANY AND THEIR AUDITORS (RBSM) HAVE BEEN WORKING ON CORRECTING THE ACCOUNTING METHODS IN CHINA AND EXPECT A RESOLUTION ONE WAY OR ANOTHER BY THE END OF JUNE.
Last posted structure was:
800M A/S
345M O/S
226M FLOAT
SHARHOLDERS WERE EXPECTING 14 - 16M FOR THE FY2013 K
CHINA ACCOUNTING ISSUES RESULTED IN ALL CHINA REVS BEING ELIMINATED FROM THE K. RESULTS WERE 840K(ish) IN GROSS REVS WITH 7.1M IN LOSSES.
COMPANY AND THEIR AUDITORS (RBSM) HAVE BEEN WORKING ON CORRECTING THE ACCOUNTING METHODS IN CHINA AND EXPECT A RESOLUTION ONE WAY OR ANOTHER BY THE END OF JUNE.
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