Amfil Technologies Inc (FUNN)

[Macod]

Right on FastMny! I have posted about this before as well.

But, another factor in this transaction is the sharing of liability that takes place when the auditor signs off on the books. The auditor is now "on the hook" for accurately reflecting the financial state of the company they have audited. At the end, they are going to double check every crossed T and dotted i. They've got one chance to get it right before the SEC and investors get access to the info.

IMO the auditing firm knows that AMFE will be big and will draw a lot of attention from many stakeholders. Their reputation is on the line and they need to make sure everything is 100%.