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Re: banchrima post# 13530

Thursday, 04/27/2006 9:23:03 AM

Thursday, April 27, 2006 9:23:03 AM

Post# of 311063
I agree. It's frustrating not getting info all the time. In these deals though, it seems like everyday that "OK, we're done!" then right before a PR is made, some auditor throws up another question and the whole process starts again. Because of the new rules the actual auditors are at risk for liability so they will be annoying to the point of making you scream. Everyone is worried about going to jail for not properly stating the Balance Sheet.

My guess is that operations are already screaming forward, The legal terms and contracts are completed, and that the CPA firm is presenting 10 questions a day to cover their SARBOX Butts!

But hey! What do I know?

GLTA


A person's character is exposed in times of adversity; during times of success all men appear noble.