The company is very likely to announce the 10-K and 10-Q financial reports before 13/12, causing the stock price to skyrocket, and the market cap will increase accordingly, thus maintaining its position as a constituent stock of the Nasdaq index. 😄
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AI 如 潮 水
OP
Keith K
:
It is said that due to the investigation results of the machine-stroked book and BDO confirming no fraud, Nasda provided an indefinite condition, but it requires monitoring the recent performance of the company.
AI 如 潮 水
OP
beh-lek-gold
:
No, the Securities Commission and BDO have both confirmed that there are no issues, so it is now understood that the departure of the company's auditors is not the problem as stated by Ernst & Young. The company has recently hired new auditors and under a series of financial control plans, has been given an indefinite financial reporting deadline. Due to the involvement of investors' interests, the company will make efforts to resolve this issue as soon as possible.
Keith K : When is the due date huh?
AI 如 潮 水 OP Keith K : It is said that due to the investigation results of the machine-stroked book and BDO confirming no fraud, Nasda provided an indefinite condition, but it requires monitoring the recent performance of the company.
beh-lek-gold : but there is also a risk of dropping. external audit has not given their results. so far, it's only the findings by special committee?
next, there is also no approval of deadline extension by Nasdaq?
Keith K : Hope SMCI everything is OK
AI 如 潮 水 OP beh-lek-gold : No, the Securities Commission and BDO have both confirmed that there are no issues, so it is now understood that the departure of the company's auditors is not the problem as stated by Ernst & Young. The company has recently hired new auditors and under a series of financial control plans, has been given an indefinite financial reporting deadline. Due to the involvement of investors' interests, the company will make efforts to resolve this issue as soon as possible.
beh-lek-gold AI 如 潮 水 OP : thanks for clarifying
101861975 : Hope to break through the difficulties and regain my lost territory.
Jay Su E K AI 如 潮 水 OP : Are you sure BDO has confirmed that no fraud? Bro can provide the article?
103904336 Jay Su E K : com/news/news-d...
Jay Su E K : Thank you Bro, the news is about special committee but not from the new appointed BDO auditor.
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