Jim, based on what you have read in the unaudited financials release and your extensive background; how long would it normally take for this to get "audited"? I have been in this for eight months and I am losing patience with the companie's leadtimes while implying everything is "soon".
How could the company think they were profitable in Q2, 2005? Could they have been given the appearance of profitable back then if they were running the numbers a different way?
Aren't the accounting rules very specific; i.e. isn't it "what you see is what you get"? Other than Worldcom or Enron of course!
Can a company catagorize assets, income, cash, costs, etc in ways that would make them in one way look like a loss but in other ways make them look profitable?
Are the unaudited finanicials in the current format submitted close to what the audited financials will look like for 04 and 05 or could we see some real differences?
Thanks!
