Q: Should there be any concern with the news release on June 30 of Audit Remediation needs of the stock? Stock dropped and a large holding of mine, was considering increasing my position, hold, sell?
Thank-you
Thank-you
5i Research Answer:
With a change in auditors this is not that uncommon. But it adds some uncertainty and with the cancelled financing it could delay or slow planned growth a bit. We would hold and not add.