Clean Vision Corp (CLNV)

[old man river]

An audit will only affirm or qualify the management prepared financial statements.

The LOI's do not have any balance sheet or income statement impact. The existence of one or more LOI's might be included in the notes as a potential item of an indeterminant nature but the auditors should make it abundantly clear that they do not pass merit on the LOI's. The typical audit does not cover any MD + A write up.

In the ideal world, the numbers already issued by the company should be the same as with the audit. If they differ then some caution should be taken.

The existence of an audit does not make the business more valuable or viable. It only provides a third party opinion that management is telling the truth.

It is only a hoop to go through to get to an up listing.