Carnegie Development Inc. (CDJM)

[Milesblue42]

Is Gary F Kimmons hiding 2011 information??

I wonder why they stopped at 2012? The audit back to 2006 was completed months ago and just needed to be released by Kimmons. Remember?

Did Gary F Kimmons flat out LIE about the audited financials....the SEC Audit back in 2011 and 2012


I remember all of Gary F Kimmons comments about the Audit. Amazing...the 2011 numbers are still not here

Gary Kimmons 05/28/2012 6:51pm
Late Friday afternoon we received a draft of the financial statements that Marc Andre Boisseau's audit team has compiled. This represents the largest part of the task, as they elected to go back 7 years in their review and composition. It is likely that Julio De Leon will begin the final phase, which is his sampling of various transactions and a review of Marc's calculations and footnotes.
The two have been working closing up to this point to make sure no time is wasted. Julio indicated on Friday that he intends to wrap up the audit as quickly as possible. Normally this phase would take a week or two. We will have to see how far Julio gets this week.

Gary Kimmons 06/27/2012 11:21am
Regarding the audit, here is information I received an hour ago from Ashley at Marc-Andre's firm: Julio DeLeon has sent out half of the confirmations and plans to send out the others today. In addition, he will be in Marc-Andre's office Friday of this week or Monday of next week to conduct the "field audit." You have additional information as it is received.

Gary Kimmons 07/03/2012 10:51am
While I cannot control the timing, I can share with you what's going on. Julio has sent out the confirmations and is starting to get them back. He has to go to Marc Andre's offices to conduct his field analysis. Julio may do the analysis this week, but we are not certain. That process takes a day or two. Then, if there are no problems, Julio can begin to wrap things up. All we can do is give him the things he asks for as quickly as possible so there is no delay on our end, which is exactly what we've done.

Gary Kimmons 07/26/2012 2:08pm
As you noted the audit is winding down. Julio DeLeon has sent out a second wave of confirmations to those who did not respond the first time, and he has conducted his field audit. Now he is running down selected issues. We will continue to support him until he writes his final audit letter.

Gary Kimmons 08/06/2012 10:34am
I know that you are anxious to hear that we have crossed the finish line. We all are. Julio DeLeon seems to be near the end of the audit. Last week he committed to have his work done around the 15th of August. We are doing everything we can to support him so that can happen.

Gary Kimmons 08/20/2012 8:50pm
Chris believes he has reconciled most of the outstanding items and is checking with Julio to see if there are any remaining questions. We are optimistic we are near the end of the process.

Gary Kimmons 08/30/2012 10:52pm
In short, we are in the final review. We would like to think that we have answered all remaining questions. You will be advised of our progress.

Gary Kimmons 09/19/2012 11:00am
Late yesterday we received a written response from the NIR liquidators that fell short of the desired confirmation letters. We conferred with the auditor and reached an agreement that involves some paper work on our end that will take a day or two. The auditor is getting with our accountants to draw things to a close.

Gary Kimmons 10/05/2012 12:08pm
As you can see, we are down to the final step. I will keep you advised.

Gary Kimmons 10/27/2012 1:00pm
The auditor and accountant are wrapping it up.

Chris Mitchell 12/03/2012
The other item coming to completion is the long awaited audit, currently being finalized by the Company's auditing firm.