InvestorsHub Logo
Followers 20
Posts 1007
Boards Moderated 0
Alias Born 09/18/2006

Re: Palmer032 post# 152561

Monday, 03/31/2008 1:54:45 PM

Monday, March 31, 2008 1:54:45 PM

Post# of 247091
Our guess is that the 'new CPA' quit,,,
just like the 'old CPA' , 'on February 8th' .
And, probably both for the same reason.

They won't sign off on last year's toxic shuffle dances.
And risk losing their license, and entire practice,
and be personally financially liable, for 'overlooking'
something fishy, in the toxic paper swamp.

Could be that the genius CEO, with all of his 'experience'
in the 'financial world' , tried to dance over a few
too many solid lines, that he thought were dashed,
and thought that 1-out-of-3 CPAs would fall for.

Or, maybe he's just smarter that all of the CPAs within
driving distance of Far North New York, in winter,
when the road is snowed over.

This is seawhy's First 10-K, covering less than 6 months,
with No Business in 3 of them. And, they've already had
3 months, to add up the cash-register rolls from Only The
Previous 3 Months.

This is more than a 'Red Flag'. It's Red Skys At Sunset.
And, it's not nice to try to fool Mother Auditor[s].
If they are not Independent, they lose their independence,
fiscally + physically. Further, even this board has suspected
that there is still some 'financial connection' between
this used shell + its new stuffings, and the old 'friends'
that sold swvc the old toxic shell, and other stuffs.

We suspect that swapping swvc's may be suspended, if this
1-and-only extension is skipped over.

extra, Sincerely. But, just our short opinion, as usual.
And, just as on-topic, as the other opinions, that pretend
that this is 'no big deal' , and another great opportunity
to keep averaging down. swvc is Down, more than 90%, in just
the last 7 months. So many opportunities, in so little time.
Save this post. We are. Others may need it soon.

Averaging-down is profitable, for shorters, only.