Carnegie Development Inc. (CDJM)

[BigBuy57]

Wrong. The auditor does ask questions about the valuation before it agrees to placing an asset on the balance sheet. First, is the valuation expert ACCREDITED. Auditors will only accept valuations performed by accredited valuation experts.

Second, did the valuation expert follow the generally accepted standards for making the appraisal? Valuation experts go to great lengths to describe the procedure they use for making the appraisal. That's because they know the auditor and regulatory agencies are going to be asking the appropriate questions. Remember, appraisers are only as good as their last appraisal. They can lose their license.

Regarding Kimmons, wrong again. He was exonerated by the audit and by federal filings. There was absolutely no theft of shareholder holdings. That's a fact.