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Friday, October 06, 2006 9:18:13 AM
Matin CANNOT produce a serious and credible audit of the company as we know(???) it, without getting himself in serious legal exposure.
On the other hand he must have it done (always assuming there is a good business behind the shares)
He therefore is trying to have the legal entity transformed without being personally penalized both financially and legally, into a somewhat different legal entity, he (himself or thru other persons) will be able to normalize this business.
I have no clue how that can be done, if even feasable but this seems to be the only way Matin will be able to do the right thing (assuming he wants to ???).
Patiently,
Roger
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