BTL today confirmed that its Annual General Meeting will be held on Friday September 30th, which means the company's financials must, by law, be released tomorrow, 21 days before the meeting. That will those financial contain? Well we don't know for sure, but one thing we can say with certainty is that, we'll no longer be able to call BTL the most profitable company in the country.
That's right, the financials are expected to show a minimal profit, and that's if there is any profit at all. How did it come to that? Well we hope the financials can answer some of those questions tomorrow but we do expect to see a good deal, possibly as much as $15 million paid out to Jeffrey Prosser for management fees and dubious license fees as well as a significant loss on the highly controversial currency transfers, where the company lost $6 million on the parallel market Whatever it says, we'll have all the details in tomorrow night's newscast.
