http://createdigitalmusic.com/2014/02/avid-delays-financial-reporting-promises-brighter-future-including-pro-tools-sibelius/
I thought they were already suspended by NASDAQ because they haven't produced any financial statements for well over a year now. So I am not sure exactly what changed in February. Actually they still haven't cleaned up their 2012 financial statements following what amounts to an accounting scandal. It really shouldn't take 2 years to complete an audit. Something is definitely wrong here. And now they are saying they won't have statements until summer !? They claim to have had $48M in cash and no debts at the end of 2013, which I guess gives them enough flexibility that they don't care if they get thrown off NASDAQ for awhile. They say they are still developing Sibelius aggressively, but then talk about delivering 7.5 soon, and apparently it was actually released on April 3. _______________________________________________ Finale mailing list [email protected] https://lists.shsu.edu/mailman/listinfo/finale To unsubscribe from finale send a message to: [email protected]
