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Re: Xenophon post# 294392

Sunday, 02/14/2010 9:28:15 AM

Sunday, February 14, 2010 9:28:15 AM

Post# of 346920
"so he can be the conduit for the Mutt Brothers to tell the nasty accounting stuff to and HE can filter out what to tell the other accounting firm and what NOT to tell them."

100% incorrect. If anything, it has the opposite effect. Reilly will have to sign-off on the 10k "Litigation Footnote, related liability accruals and all related 10K diccussions" (and G&T). This is done via an "Attorneys Letter", an auditing procedure. Having spent 8 years with E&Y, he is fully aware of this auditing procedure. In addition, he may and probably will, have to sign off on the "Management Representation Letter".

He can NOT withhold information from the shareholders and the auditors. Since the SEC want the filings, all relate SEC issues need to be cleared first. Whatever Reilly finds in his consulting/attorney status, R&H will want to know about it.

Reilly is not lying or withholding information for anyone. Being an attorney, he is very much a negative for the Mutt Boys. Whatever Mosky tells or discloses to Reilly, he's disclosing to R&H. pretty simple
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