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Re: an old investor post# 19112

Thursday, 10/19/2006 3:09:16 PM

Thursday, October 19, 2006 3:09:16 PM

Post# of 46027
Actually old investor, it was revealed months ago in an email from RSM Top-Audit themselves that they were not licensed by the SEC to conduct valid SEC-approved audits. They could assist approved auditors with conducting the work on Russian companies, but they could not head the audit and sign-off on it. I believe that Parkin and company was initially unaware of this.

So, a company like D&T had to be hired if SEC-approved audited financials was the goal. So there is a reason for the switch. No need to suggest an arbitrary change here. The facts do not support it.

Of course, I know you'll keep trying to spread groundless innuendo and doubt. That tactic is, I am sure, older than you are.