Sorta old news. I do think Avid does have some serious problems.
NOT Sent from a Windows Computer -- On Apr 20, 2014, at 11:17 AM, Craig Parmerlee <[email protected]> wrote: > 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] > _______________________________________________ Finale mailing list [email protected] https://lists.shsu.edu/mailman/listinfo/finale To unsubscribe from finale send a message to: [email protected]
