First of all, this is old "information" that is entirely meaningless and obsolete to people involved with SIAF in December 2013. Zzzzzzzzzzzz ... Truly, joe, your accusations are baseless and without merit. If there were any truth, the SEC would have been all over this a long time ago.
Second, I called (the correct, actual former auditor) Ted Madsen and spoke to him personally when SIAF announced their change of auditors. Ted told me that he is retiring, and has nothing negative whatsoever to say about SIAF; in fact quite the contrary. He also told me that he never spoke to anybody about an engagement letter and your other claims. Ted worked with an associated accounting firm in Guangzhou, and that firm continues to work with the new auditor. Ted had high praise for that firm's competence.
Third, and critically important, does anybody believe that Ted Madsen would put himself at legal risk by signing off on SIAF's audits if he were not engaged by them and had not performed the audits? Highly doubtful, in fact truly improbable. He would go to jail for such criminal acts.
Any new audit firm would not take on a fraudulently audited company.
I think it's time to stop beating this dead horse, Joe. Surely, if you dig deeply, you can find something FACTUAL and VALID to criticize or complain about with respect to the company.
