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Re: Cashman17 post# 29661

Thursday, 07/20/2017 5:35:22 AM

Thursday, July 20, 2017 5:35:22 AM

Post# of 32163
A CPA would probably charge Saleen well over $200,000 to re-construct
Financial Statements going back well over a year.Saleen would then
need to find another CPA Firm to audit the financial statements going back over a year
and file at least 5 delinquent 10Q's, 1 10-K and at least five or more 8K's that are all delinquent.
For a publicly traded super high risk client like Saleen they would probably charge another $200,000.
In my opinion.

I doubt Saleen would ever be able to pay the estimated $400,000+ to bring their financials
up-to-date with the SEC & shareholders. They also may have to pay late filing fees & penalties to the SEC & to FINRA. In my opinion.

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