Dewmar International BMC Inc (DEWM)

[Gailm]

Being aware of other issues I don't see the optimism.

But Big Time Winner expressed his/her reason for optimism, and while I don't agree, I respect the effort and sharing of thought.

Just FYI an Engagement Letter is written by the service to the client--not the other way around. Also the "terms and conditions" are already negotiated, the letter is a formality or statement of those AGREED to terms, and by signing and returning the Engagement Letter WITH CONSIDERATION ( as in a retainer payment) it is deemed effective. As in a CONTRACT.


"FULLY EXECUTED would mean agreed to, signed and FUNDED. PAST TENSE.

Of course this is DEWM and the pennies we are talking about.

I will say this. I am absolutely amazed MB is still here. They have many times been listed in the top 25 SEC auditors in the past, but with a client like this, I would NEVER use them.

I would imagine other potential clients would be scratching their heads wondering what they are doing with a firm like this.

There could be several answers, only one of which would be positive, so I am led to believe that the Doctrinaire of Latches applies here for unseen reasons, and MB wants to be as tight as a gnats ass about the accuracy of the financials.

OR-- the PUNDITS screaming "to the moon " are correct.

You already know where I stand on that possibility, chuckle....