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Re: LV RDPD post# 2639

Monday, 10/06/2014 2:24:40 PM

Monday, October 06, 2014 2:24:40 PM

Post# of 41703
I saw the auditors also issued in their opinion that there was a "material weakness" in GTAT's accounting controls. They didn't issue a going concern opinion (which is a one year timeframe from date of issuance of the 10K - March 2014), so they are probably going to get sued for that, but issuing that material weakness in their opinion is HIGHLY unusual and may be the auditors out, along with giving the public notice that the auditors believed there were indications they were cooking the books...and other things.

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