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Wednesday, October 25, 2006 12:27:00 PM
"Due to the end of Ramadan and the celebration of Eid this week, we have not been able to make necessary changes with our auditors in the Middle East. Releasing the financials without giving them prior notice and making the changes would not be a good idea. I would like to state again, that we are in possession of the financials at the moment, but we do need to make these changes before we release them. If not corrected it would lead to a lot of confusion among our shareholders and we definitely do not want that."
CEO Vucicevich also said, "We have no intentions of keeping the financials private, we are only waiting to make it more transparent. We will release them as soon as all necessary corrections are made."
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