InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
85.38
(
0.31%
)
Bitcoin
63,390.86
(
1.15%
)
Post# of 114953
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

GoingLong

Send PM Follow Ignore
Followers 0
Posts 176
Boards Moderated 0
Alias Born 12/13/2006

GoingLong

Re: Traderfan post# 42664

Thursday, 02/22/2007 11:13:05 AM

Thursday, February 22, 2007 11:13:05 AM

Post# of 114953
"All 2006 numbers derived offshore will be certified with financial institutions in Latin America, where PANAMERSA Corporation derived the majority of their profits."


Does this mean they will NOT be using one of the big four? To me this sounds like they will have several small companies 'certify' (not audit)their own piece of the financials instead of have a large independent firm audit all pieces together. Wouldn't they have mentioned the name of the audit company if it was one of the big four.

Thoughts...

I am long and strong but this part of the release stuck out.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up