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Friday, 03/08/2024 8:41:47 PM

Friday, March 08, 2024 8:41:47 PM

Post# of 661
Hi guys, question: Background: in 2013, after Hellix Ventures provided its periodic reports for the period ending July 31, 2012 (reported on Feb. 22, 2013) and for the period ending July 31, 2013 (reported on Nov. 27, 2013), auditor Meyers Norris Penny LLP, and auditor Watson Dauphinee & Masuch each immediately, without delay, posted “unqualified opinion expressing doubt that the company can continue as a going concern.
Question: is it normal for auditors to have ready-made negative reports for a developing mining company that has zero debt and has positive cash flow? Or did that happen due to foul play, maybe W. Rudolph Brenner?____
Or is it normal for accounting agencies to have their negative pronouncements before investors have the opportunity to see the figures?____
Archived Meyers auditor news link Feb. 2013: https://archive.ph/87zcN
Archived Watson uditor news link Nov. 2013: https://archive.ph/ox3H8
Subsequently, Hellix was still able to raise money. https://archive.ph/Vd7Yt
I appreciate any input. I am not familiar with auditors processes.
Mining Hound