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Thursday, 01/07/2010 11:16:58 AM

Thursday, January 07, 2010 11:16:58 AM

Post# of 41474
Seeing big problem with HRNF's unaudited financials, IMO

Nowhere does it list the liabilities associated with all the jdgment liens against the company. Maybe Pagnano thinks that he can hide from obligations and file unaudited financials without those known liabilities because he simply changed the company name.

Since he knows HRNF is liable for the judgments and court judgment HRNF lost, I am wondering if there are any penalties possible for filing such financial statement?

It would be interesting to see why HRNF seems to think they don't have to list such company liabilities in their financials....they are supposed to be prepared according to generally accepted accounting rules, and Pagnano certified them as such.

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