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Alias Born 09/12/2007

Re: shortsinthesand post# 18497

Wednesday, 01/09/2008 10:06:45 AM

Wednesday, January 09, 2008 10:06:45 AM

Post# of 29782
With the history the company has, wouldn't it make it almost impossible to actually turn this company into a reporting company? There is a lot swept under the carpet with this many owners, splits, etc. How could somebody sign off on what liabilities may be hidden from incarnations ago before this management touched it. Let alone explain all the insider transactions with the co. It would be lots of explaining to do. As with the canadian dividend, it looks like there may have been an honest intention to turn into a reporting co, but just not the knowledge on how to do it. Maybe it will happen somehow by moving into a clean co, but wouldn't that have been easier to do in the first place? Shells do not cost all that much.
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