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Re: Stock H.O.G. post# 134106

Thursday, 10/26/2006 12:08:46 AM

Thursday, October 26, 2006 12:08:46 AM

Post# of 311080
If KPMG or PWC are doing the audit, wouldn't it seem that they might possibly be able to handle the translation issue that seems to be so befuddling? I mean, this isn't Joe's Audit Service from what Petar says, it's one of the big 4. I would guess that KPMG, PWC, etc. have performed audits that span the english language and arabic or whatever other language the audit is in. Seems like a lame excuse to me. I don't think that means the AFs aren't coming out and aren't necessarily going to match the inhouse audit, I just think there are other reasons that AFs haven't come out. And I do not believe it is because Wessal is still buying. They HAVE to be done by now IMO and would have gotten in sub .10 or certainly sub .12. That PR came out on Aug. 8th. SLJB was at around .08 that day and the PPS basically hung around .07-.10 until about Sept. 14th (when it was PR'd the audit was "nearing completion". Its my opinion that Wessal bought in that 5 week period.

Anyway, I think the AFs are coming out eventually and I think they won't disappoint, but I'm not fool enough to believe that lame excuse in the PR.
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