InvestorsHub Logo
Followers 2
Posts 72
Boards Moderated 0
Alias Born 04/03/2007

Re: west3807 post# 144712

Wednesday, 05/27/2009 1:42:14 PM

Wednesday, May 27, 2009 1:42:14 PM

Post# of 192568
Enron had audited financials and they are lower than we are! And the list goes on and on. The PPS and the buyout are based on future expectations, not audited historical information -- especially for such a new company.

If the buyout doesn't go through, audits will be necessary. But to spend $50,000 now for an audit when you're selling out doesn't make any sense at all.