SAExploration Holdings Files For Non Timely 10-Q [Reuters]
SAEXPLORATION HOLDINGS (SAEX)
US:NASDAQ Investor Relations:
investors.saexploration.com
Company Research
Source: Reuters
SAExploration Holdings Inc (SAEX.OQ) Key Developments | Reuters.com Aug 15 (Reuters) - SAExploration Holdings Inc ::SAEXPLORATION HOLDINGS, INC. FILES FOR NON TIMELY 10-Q - SEC FILING.SAEXPLORATION - SEC HAS BEEN CONDUCTING INVESTIGATION OF CO RELATING TO REVENUE RECOGNITION, ACCOUNTS RECEIVABLE, AND ADDITIONAL RELATED MATTERS.SAEXPLORATION - CO HAS BEEN COOPERATING, WILL CONTINUE TO COOPERATE WITH SEC AND HAS RETAINED LEGAL COUNSEL.SAEXPLORATION - ESTABLISHED A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO THE COMPANY’S INVESTIGATION.SAEXPLORATION - CONCLUDED THAT SOME PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL STATEMENTS CONTAINED MATERIAL MISSTATEMENTS AND SHOULD BE RESTATED.SAEXPLORATION - DETERMINED THAT MATERIAL WEAKNESS EXISTS IN THE COMPANY’S INTERNAL CONTROL OVER FINANCIAL REPORTING. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted bus
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