Lans Holdings Inc (fka LAHO)

[rocketman2294]

I've seen many posts asking the key question:

Why hire an auditing firm if you have no intention of coming current?

I have even asked that question myself. One possible conclusion is that there could be a class action lawsuit filed and the institution of Frucci could be used as a display of a good-faith effort to come current even when there was no real desire to get the books in order.

When you think about it, paying that kind of money to a new CPA provides a two-sided CYA that would be well worth the money. First, it makes it look like your little merger is a very serious proposition and gives the RM a lot of credibility. Secondly, the good-faith effort would make an outstanding defense in a civil suit. Great idea.

All this is just my honest opinion and I hope that none of it is true.