Valid point , TX . I do expect more than ' incompetence ' from a CEO that has vast professional experience with GMAC and other high profile credentials .
I would rather the CEO had nefarious intents to obfuscate and previously omit the necessity for the 2005 Financials that could have an ultimately positive conclusion for shareholders , than to think of her as incompetent whereupon the conclusions for shareholders would be definitely hazzardous .
Either suggestion is completely unacceptable to me .
Personally and FWIW , I am outraged at the delay that I contend the CEO knew from the outset that 2005 HAD to be audited simply because 2004 had been audited , and the increase in A/S that SHOULD have co-incided with a material event to explain the necessity for the increase instead of fertilizing justifiably extreme skepticism ( in some ) .
I will be out for the day , which is probably a good
' thang ' .
Chin up though .....maybe there really is a pony's tail wiggling under the pile of horse-hooie that I see .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
