Old Investor,
I will repeat my statement to you... again. No financial statements of any kind are required in a merger of a pinksheet stock. An 8k is a statement registered with the SEC, but the 8k does not coutervene law. Namely that there is NO LEGAL REQUIREMENT for financial statements to be filed for the merger to take place. Stating in an 8K that financials will be provided is basically a statement to the shareholders of what will happen, not what needs to happen. The SEC doesn't care when it comes to pinksheets. How many different ways can I say the same thing??
Why file an 8K? Because it gives investors confidence. A statement filed with the SEC can be used to help prosecute a company that engages in wrongdoing, but it does NOT hold a company to a higher level of accountability than the laws and regulations do. But financials were provided... So what's your point?
As far as RSM Top Audit not being SEC approved, I'm referring to an email sent by RSM to CorvetteMark months ago that was posted on the boards you frequent and I know you read, so I won't spend the time to dig it up now. But the point is moot. D&T are the auditors now. If you are so concerned about RSM, you should call them and get it straightened out right away! (like you care!)
All right, what other inconsequential 8k statement are you going to bring up next? I can't wait.
All you young investors out there, there's nothing wrong with flipping. But there is something wrong with fabricating empty issues and statements to facilitate flipping. What Old Investor does is reprehensible. He takes a small factoid and blows it up into some big issue, which it isn't. He starts with a small, negative-toned statement that sounds damning taken out of context. He keeps hammering the small statement as if means something, all the while posting his "credentials" and "knowledge" and downplaying his earlier statement and not understanding all the fuss he created.
He obviously learned nothing about integrity while saving babies from the WTC (LOL). But hey, old investor is hero, so you gotta believe him, right? (LMAO!!!!!)
