Well I must say, she did not shy away from approaching the problem regarding the late filing of the F/S. Right out of the gate, it was discussed. The delay was unexpected by themselves and the auditors she stated, which was due to information coming very slowly from Peru, therefore the auditors required more time to complete their audit. True, these countries do not operate on the same time frame nor pace that we have come to expect. There is no way the auditors would sign off on the audit without satisfying all of their procedures backing up the figures, that is for sure. Having said that, I still find it difficult to understand why they would not know that long before they say they did. Why did they tell us that the Financials would be filed on that Friday, which did not happen? Maybe they now realize there is never a good reason to file late and we will not have to endure it again. I do thank them for the informative conference to keep us updated and it is appreciated.
Notie Girl