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Monday, December 10, 2007 5:38:19 AM
QUESTION:
1. Audited Financials Earlier Garr mentioned that Esprit might publish audited financials for year-end 2006 depending on how the deals in China went. Now that the merger will go through can you please tell us what your plans are for the new combined company to publish audited financials for the end of the year?
RESPONSE:
As a fully reporting company, and with a growing base of investors, we anticipate that the year end statements will be audited. We will need to ensure that the Good Life financials reflect international accounting standards, although they are not required to follow U.S GAAP (Generally Accepted Acounting Principles). QUESTION:
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