The past three months, we’ve been head down and quieter than normal. We would have liked to have shared more information with you more often. We pride ourselves on being as transparent with you as possible, but sometimes, we aren’t able to do this.
As frustrating as this process has been for us, we know that it has been doubly frustrating for you, our shareholders and biggest supporters. We wouldn’t be who we are today without each and every single one of you and we want to take this moment to give you a big THANK YOU.
Thank you for being there for us and with us.
Thank you for your continued support.
Thank you for the supportive phone calls, emails, social media posts, and in one case a postcard from Germany. (That meant a lot to the entire team and is up on the wall so that everyone in the company can see.)
The number of people who have been working diligently on resolving this matter, as timely as possible, is quite large and we would also like to take this moment to thank them as well.
First, our corporate legal counsel’s. Both Macmillan and Harper Gray have spent countless hours (well, actually they do count) gathering and preparing our responses to the BCSC’s production orders.
We would also like to thank the accounting teams that have restated our financials to comply with the updated direction given to us by the BCSC. Both Clearline CPA and DMCL Auditing have put in a lot of work to prepare these statements in a timely manner.
We would also like to thank two people internally as well. There have been a lot of long days and weekends worked to bring this all together. Our CFO Mike and our President Gord have put in long hours managing this process. They’ve enabled the rest of the company to focus on the day to day business so that when we finish this process, we are ready to rock and roll.
This has been frustrating and exhausting, but we’re pushing the boundaries. These are complex issues that we are dealing with and take time to resolve.
Right now, we are setting precedence. We are conducting business in this new sector before there are clearly defined rules and regulations. We do our best to remain compliant and are actively working with the various regulatory bodies to develop the rules and accounting standards for this industry.
We believe that this process is nearly resolved and are excited to be able to focus 100% of our attention on growing and evolving NetCents. We’re working on a lot of items in the pipeline and are eager to share them with you over the coming weeks as they finalize.