Anyone care to weigh in on the Sirona SEC investigation launched last week after their earnings report?
If missing Wall St. estimates and internal guidance were a jailable offense, Patterson execs would be up for parole by now.
We got hosed. After meeting some of D'sply leadership I knew there was some shady stuff going on. Fake sales numbers Fake value of assets Fake net worth of company Fake stock price
Yes, yes it was! So not only were the stock holders of Sirona scammed but so were the owners of good old X-RAY. Well, except for the ones that sold their shares prior to the curtain being pulled down. Ummm like the execs and board. Shameful
How does this happen? Where are all the stock experts that said "This is good idea...we say buy" Did anyone do their homework and warn investors. How'd the leaders of Sirona miss this? Some one has some explaining to do.
That's a nice dream you folks are living, but the reality is that the $1,092 million impairment charge to goodwill relates to the former Sirona side. The 10-Q clearly states that the SEC investigation concerns "accounting and disclosures relating to transactions with a significant distributor of the Company." Which legacy significant distributor has recently had a falling out with the combined company? And if you think the investigation began because of the 10-Q or earnings release, I have a bridge you may be interested in.
This post is funny So wrong on so many levels "Liars clearly state".... The investigation is because of a distributor? Lol I'll take 2 bridges please
this Company is a joke Dentsply leaders (that are left) could mess up a one car funeral. Sirona sales is an oxymoron. Trying to escape this mess
