Supposed $CEGX email from CEO to a member on the L
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Posted On: 05/07/2017 9:53:00 AM
Supposed $CEGX email from CEO to a member on the Lie-Hub board. Take it with a grain of salt as every ticker on that site has a super special poster thats privy to direct contact with the CEO meanwhile others can never get responses. So I don't put to much credibility to the supposed emails and contact with CEO/insiders.
jessejames001 Member Level Saturday, 05/06/17 04:53:17 PM
Re: None
Post #
14736
of 14772 Go
EMAIL FROM CEO CRAWFORD MAY 6 2017
Good day
Just read the new 8k. Can you shed some light on it for me in your own words. will the new accountant take a long time to audit the filings? thanks.
James
Reply
Today, 12:08 PM
James-
We are working on a press release to shed some light on our change of auditor but in a nut shell it is due to costs and timeliness.
We are trying to reduce costs (RBSM has doubled their costs over the last 3 years). RBSM always makes us use their people in India which are on an opposite time schedule which makes filings difficult. We are using a smaller firm that does all the work in the US, only handles a few OTC companies, firm partners work directly with us and they already do a couple of small oil & gas companies.
Our filings should have been done and filed by now and they are not, which is not acceptable – RBSM was even paid in advance. Time to make a change.
Timothy W. Crawford
CEO
tcrawford@cegx.us
jessejames001 Member Level Saturday, 05/06/17 04:53:17 PM
Re: None
Post #
14736
of 14772 Go
EMAIL FROM CEO CRAWFORD MAY 6 2017
Good day
Just read the new 8k. Can you shed some light on it for me in your own words. will the new accountant take a long time to audit the filings? thanks.
James
Reply
Today, 12:08 PM
James-
We are working on a press release to shed some light on our change of auditor but in a nut shell it is due to costs and timeliness.
We are trying to reduce costs (RBSM has doubled their costs over the last 3 years). RBSM always makes us use their people in India which are on an opposite time schedule which makes filings difficult. We are using a smaller firm that does all the work in the US, only handles a few OTC companies, firm partners work directly with us and they already do a couple of small oil & gas companies.
Our filings should have been done and filed by now and they are not, which is not acceptable – RBSM was even paid in advance. Time to make a change.
Timothy W. Crawford
CEO
tcrawford@cegx.us
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****Disclaimer**** Nothing I post is meant to be investment advice. Please do your own DD and research. At the end of the day we are all responsible for our own actions. I click the buy button and I click the sell button. I and I alone.
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