(Total Views: 605)
Posted On: 12/08/2017 9:50:24 AM
Post# of 41414

Re: Old & Wise #38460
Lol. You standards are very Low....by years end we should have financials.... I mean, Baltia holding on to them over 45 days would be inconceivably incompetent. You also run the risk of exposing yourself to manipulation. They told people the financials are done and the price crashes... yet no filings... sorry to be so harsh about it, but this is risk management. The question of what are you waiting for? Can more easily come up with was he passing day.
He is adding to reputation risk, regulatory risk and financial risk. The CEO - and it is Ok to be a little critical- needs to assess these factors. He has done a great job, but with so many moving pieces, he cannot cover every thing. Who ever is advising him here is dropping the ball....
I am so sorry to bring this point out publicly. But I cannot stress how important releasing the financials are... for more than viewing them. Either all of them or one every couple days... get them out of private hands.
He is adding to reputation risk, regulatory risk and financial risk. The CEO - and it is Ok to be a little critical- needs to assess these factors. He has done a great job, but with so many moving pieces, he cannot cover every thing. Who ever is advising him here is dropping the ball....
I am so sorry to bring this point out publicly. But I cannot stress how important releasing the financials are... for more than viewing them. Either all of them or one every couple days... get them out of private hands.


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