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realfast95

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realfast95

Re: kindama post# 8914

Saturday, 09/20/2014 11:23:31 AM

Saturday, September 20, 2014 11:23:31 AM

Post# of 10143
the SEC should never have let BABA ipo without that resolved.


As an auditor of companies that are publicly traded in the United States and a firm registered with the Public Company Accounting Oversight Board, or PCAOB, PricewaterhouseCoopers is required under the laws of the United States to undergo regular inspections by the PCAOB. However, because we have substantial operations within the People’s Republic of China, a jurisdiction where the PCAOB is currently unable to conduct inspections without the approval of the Chinese government authorities, our auditor and its audit work is not currently inspected fully by the PCAOB.
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