ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Remember, even though the recently engaged CPA firm may not itself have a license in SCRC's home state, I had posted many months ago here when they were initially announced as being retained that they were members of a nationwide "alliance" of small CPA firms.

What this means is that it may be possible that via this alliance, they will engage a CPA firm local to SCRC, one that IS licensed in SCRC's home state, and that this local CPA firm will perform the audit and have its licensed partner sign off on the financial statements and audit opinion under some kind of agreement w/the SoCal firm to use its name. Think of it as a commission-type system where a firm who finds the client/work gets a cut from the firm who actually performs the work.

Not saying this is the case or that it will play out this way, but just saying that it is not outside the realm of possibility that this SoCal CPA firm can find a way to make this engagement w/SCRC work.

Of course, this is a separate discussion from whether or not this SoCal CPA firm and/or the other small firm that may be part of any "alliance" are ethical and not willing to simply sell its opinion to any company willing to pay its fee...