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Re: seifer1975 post# 36563

Friday, 01/20/2017 10:02:34 AM

Friday, January 20, 2017 10:02:34 AM

Post# of 54031
"Auditors aren't responsible for the preparation of financial statements...that is the responsibility of management.
Of course a $1,000/day penalty for being out of compliance with the terms of an agreement should have been reported, just as the penalty terms associated with existing agreements were reported. I provided those details in a prior post.
The question is DOES SUCH A TERM EXIST IN ANY AGREEMENT?
I don't believe that it does. And no, I don't have any proof that it doesn't.
You know that that will need to be proven in order to be part of any recovery, right? If it can't be proven it would present some pretty nifty evidence in a complaint brought against the parties that made such an assertion publicly, should one be brought."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125492530

Now you're saying this:
I don't think conjecture like "I don't believe that it does" will matter in court, the fact is it does exist and added a cool half mil to the tab."



How about I change my diplomatic "I don't believe that it does" to "It sure as Hell doesn't exist. You have access to the filings...find the Agreement and post it if it exists. Even the person you're posting that BS to knows that it doesn't exist....he told me as much."

Better?

BTW, if the "added a cool half mil to the tab" is representative of the legitimacy of the rest of the tab, no matter what that bloated number is today, I think the advice provided by someone else still applies....people need to lower their expectations.

‘There are none so blind as those who will not see. The most deluded people are those who choose to ignore what they already know.’