IMD Companies Inc (ICBU)

[bigballer_sa4]

I never said it was for the accuracy of the numbers. I'm referencing the purchase of KRSNA minerals the subsidiary. That purchase was disclosed in the financials. My point is that he at minimum verified that the company exists and ICBU has the right to put the company on its financials

. I have examined the corporate records, talked to the appropriate parties and reviewed the
documents I considered necessary for the purpose of drafting this letter.

again not in the disclosure "Talked to the appropriate parties". Keep in mind as a shareholder I have recourse against this lawyer for the disclosure. Unfortunatelly you don't. YOu've stated you don't own the shares and never have.

Per the reporting requiremnts:
https://www.otcmarkets.com/learn/otc-company-reporting

I think if the attorney would want to continue to sign of on these disclosures he would do some due diligence himself. Otherwise he can land on the prohibited attorneys list.

https://www.otcmarkets.com/research/prohibited-attorney#attorneys

Since he's not on the list I would have to assume he's in current and in good standing to be able to sign off on the documents

This is an acceptable alternative (not exact and for individuals to decide on their own) to the audited financials.

As much as people want audited financials, companies still have the right to report based on the acceptable reporting requirements dictated by the OTC.

For anyone to say that financials have to be certified or audited to be valid is absolutely wrong when the reporting requirements say differently. Someone may use that as a requirement for their investment purpose but a company shouldn't be labeled incorrectly for following rules set by the regulators.