Here's a happy thought!!
Maybe Turner/Stone is the perfect fit for Sulja! Now wait! Let's think about this...Trading of Sulja has been halted by OSC, inquiry by SEC...this we know...Sulja is under intense scrutiny to prove their innocence. This we know.
So what do they do...after 3 months of silence, they announce the hiring of an SEC compliant firm to complete the Audited Financials.
Wow! Who do they pick? Turner-Stone from Texas?(Devries-ville)
What do we know...according to PCAOB...THEY'VE been censured!!!
Turner has been barred from practice!!! Not good!
Some startling similarities here...Sulja Trade halted...Turner/Stone censured...the guys have something in common... not only that....I'm sure they would like to restore thier images.
Turner is gone...and yes...21st Century was a client of this firm...but maybe Turner was the chief reason the firm got lambasted. Turner's gone...the FIRM CONTINUES TO OPERATE(albeit censured).
WOULD IT NOT BE PRUDENT FOR TURNER/STONE TO MAKE DARN SURE THEY DON'T MAKE A SINGLE MISTAKE from now on....THEY CAN'T AFFORD IT!!!
So what would impress the PCAOB more than to take on a client that, from all appearances, is questionable....UNLESS, they liked what they saw when presented the books.
So...They perform the audit TO PERFECTION(remember they're being watched too). WE GET AUDITED FINANCIALS. WHO CARES WHERE THE STAMP COMES FROM...IF THIS FIRM IS STILL LEGALLY QUALIFIED TO PERFORM AN SEC COMPLIANT AUDIT...LET THEM HAVE AT IT!!!
Possible results...SULJA ENDS UP BEING A BILLION DOLLAR BABY...TURNER/STONE restores credibility...and a nice entry on their resume...
I think the Chicago lawyers thought about this a little before suggesting this firm don't you?
Any thoughts?
Happy Easter!
