InvestorsHub Logo
Followers 102
Posts 1186
Boards Moderated 0
Alias Born 09/18/2013

Re: None

Friday, 05/16/2014 10:07:08 AM

Friday, May 16, 2014 10:07:08 AM

Post# of 9534
This is what happens when you don't hire professional accountants to do an independent audit; you are subject to anyone questioning your financials. That is what happened here. Dittman is a clown. I bet this stems back to that Note 4 of his financials that are out now... The Restatement. Every time I read it, I'm asking wtf is this? It makes no sense not to hire an independent firm or agency to prepare your books no matter what accounting background he has. I'm sure compared to the hit that the pps is about to take and the potential for great losses, it is not worth it to continue putting out unaudited financials. The best thing that can happen is that he, TODAY, hires someone who can audit his crap in the next (10) ten days. Barring that, he has some explaining to do. This will drop on the news that this was halted and it is more embarrassing that Dittman has a background in accounting and FSPM was halted because of questions about "HIS" prepared reporting on said fins.

This is what "shooting yourself in the foot" looks like.