COuld be. I realize that Jared said they were going to have certified audits as part of their plan to move forward. I agree that any significant buyer/company would look for certified affirmations of these figures before buying EESO. Audits take some time and depending on the size of the company could take quiet some time. Large firms have large numbers of permanent in-house auditors as well as high-charging external auditing firms that break down numbers and processes. It's really a mad house and a mess. I've spoken to many of my friends about this company and most are hesitant to be serious about it just based on the lack of audited figures. Anyways, dont mean to bash the same topic. Sorry. Trying to be positive and realistic.
RE: I'm kind of astonished that the buyer isn't requiring audited financials. Is this normal business practice? Perhaps this is why the TA was gagged, to do an audit? Maybe they're doing an audit now and if the buyout doesn't go through they'll say, "Hey, but look at these audited financials!"
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