Dewmar International BMC Inc (DEWM)

[Det_Robert_Thorne]

Clearly, MaloneBailey didn't like the murky DEWM waters

Was out most of the day and saw DEWM's 8-K about an hour ago.

Reading bwtween the lines, MaloneBailey was already on guard because of the time and effort it took to audit DEWM's 2014 numbers, so when this forfeiture case popped up in Feb, 2017 and it turned out to involve a company that was a customer of DEWM's until sometime in 2015 (IOW, possibly reflected in the 2014 financials,) that was the straw that broke the camel's back. After some back-and-forth with Moran, MB decided to cut ties with DEWM.

I doubt that MB was very far along with the 2015 and 2016 audits, which is why DEWM's 8-K makes the claim about no disagreements How could they disagree if they hadn't really begun an audit?

Now MB's work on FY2014 will be reviewed by BF Borgers, who will likely have the same questions about the mystery customer.

Maybe they'll sign off on it. Maybe they won't without major revision.

It will take quite a while to complete 2015 and 2016, so I wonder if the SEC will be willing to wait that long.

Sure would like to know the name of the mystery customer.