MyECheck, Inc. (fka MYEC)

[binford04]

Considering the financials are undeniably wrong already, no I do not trust all auditors.

3 billion shares given to Ed in 2012 were accounted for at PAR value instead of market value. Definitely wrong 100% of the time. This is compensation to an employee and should be accounted for at fair value (market value). Thus, GAAP says there should be a $180 mil expense.

This frequently happens when you have a shitty auditor for multiple years in a row. Errors get covered up because a new auditor will only start their audit with beginning of the year balances. No auditor looks back more than 12 months unless they are paid to do so.