InvestorsHub Logo
Followers 11
Posts 654
Boards Moderated 0
Alias Born 02/05/2014

Re: Jh5142 post# 468

Wednesday, 12/19/2018 6:35:51 PM

Wednesday, December 19, 2018 6:35:51 PM

Post# of 1836
To be clear, I think it was the auditor’s decision, not management’s, to wait until the Wells notice was cleared up to begin the audit.

Simply a “cover your ass” move by the auditors and pretty reasonable in my opinion. Iirc, UDF had a hard time just finding a firm that was willing to audit them....given the fraud allegations, FBI raid, etc.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.