Pet Ecology Brands Inc. (PECD)

[kickask]

Hey all
Was finally able to get some information regarding the 12/31 revenue change. Apparently a distributor prepaid for product and PECB recognized as a sale, however, should have been shown as a prepaid asset. This was caught by the auditors which are or will be performing an audit. I can only surmise that if they are undergoing an audit they will be applying for some type of listing. In addition, the company will be trying to keep up on a more regular basis the disposition of revenues, etc and while I feel the original projection is incredibly aggressive they believe it can still be achieved when the whole year shakes out.