Audited financials are key but I'm not that optimistic any

New Post Public Reply Private Reply Replies (1) Message Board
Sir_Francelote Shub #299
Audited financials are key but I'm not that optimistic any more that we will see them, although I hope I'm wrong. Many mentioned that content must come first so that we could use the revenues generated to get audited; the issue with that line of thought is how could you trust the reported revenues if they are not audited. In the meantime, the OS is almost ≤ AS.

Actually, if they were to spend ~$200k to get the audits in place I'd bet we could get that money back quickly with the type of investors that would see NTEK as a committed company.

The last time management showed potential expenses related to audited financials was in late Dec 2013 for the 2014 Forecast, where they allocated $135k allocated.

I'm sure there're many people that haven't touch NTEK because of this; we could've been trading higher.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Insights into Credit Card Loyalty and Consumer Behavior

Updated Category News Views 140

Understanding the Shift in Credit Card Loyalty In recent years, the financial landscape has drastically shifted, particularly in the realm of credit cards. As digital payments have become more pervasive, the traditional loyalty models employed by credit providers are being reexamined. According to recent research from Marqeta (NASDAQ: MQ), a leading global modern card...

Continue Reading
Gorayeb & Associates Achieves $2 Billion for Injured Workers

Updated Category News Views 151

Gorayeb & Associates Achieves Historic Milestone in Compensation The legal firm Gorayeb & Associates has announced a remarkable achievement: more than $2 billion in compensation secured for injured construction workers in New York. This monumental success highlights the firm’s unwavering commitment to justice and safety for the city’s construction workforce. Decades...

Continue Reading
Encompass Health's Upcoming Earnings Call Details Revealed

Updated Category News Views 186

Insights into Encompass Health's Earnings Call Encompass Health Corp. (NYSE: EHC) has announced that it will be releasing its results for the first quarter after the market closes. This significant event is scheduled for a date soon after the completion of the quarter. Investors and stakeholders should take note of this key moment, as it will reflect the company's...

Continue Reading
Cypher Capital Invests in Revolutionary Blockchain Project Hemi

Updated Category News Views 89

Cypher Capital Invests in Hemi Labs Cypher Capital, a trailblazing crypto investment firm, recently made waves by committing $15 million in seed funding to Hemi Labs. This forward-thinking company aims to transform blockchain interoperability by bridging the gap between Bitcoin and Ethereum within a cohesive framework. The Mission of Hemi Labs Hemi Labs is on a quest to...

Continue Reading
DATAMYTE Introduces Innovative Data Intelligence Solution

Updated Category News Views 297

DATAMYTE Unveils Revolutionary Data Intelligence Solution Manufacturing technology innovator DATAMYTE is making waves in the industry with the launch of its new data intelligence solution, the Wrist Revolution. This innovative tool aims to enhance mobile flexibility and operational scalability while reducing costs, making it a game-changer for manufacturing outfits....

Continue Reading