Gunther Grant Inc (GNGR)

[bar1080]

Who invests in businesses without accurate financials? Certainly not me. All my stocks are audited by Big Four CPAs and they've all done very well. Rule One for savvy investors: "Show Me The Numbers!" Can you think of anything more basic?

After the Dot Com Crash, the public learned that quality audits matter. Sarbanes brought the beneficial PCAOB, an organization to audit auditors. Bad CPAs -- they've been rare -- were booted. The auditing profession, after Enron and the defunct Arthur Andersen 12 year ago, has been damn clean. Money is now flooding into blue chips while bottom tier junk languishes and disappears. Quality issues trade at record levels.

GNGR needs to become fully compliant. An audit, even one that's not very complementary, would pay for itself.