Electronic Game Card, Inc (fka EGMIQ)

[melissa1188]

Can the auditors be sued also?

They are the ones who signed off on the cash, then retracted the audit results recently. What were they smoking or drinking the first time they signed off on it multiple times, over the past several years? How much specialized accounting skill does it take to talk to a bank and figure out whether cash is actually there or not, in the acct numbers given to the auditor? I think my 6th grader could do that. Shareholders depended upon the audited results during due diligence for investment decision.

market-liquidity,

I hold the auditors responsible (probably more than the management). They were well compensated for their work...about $81,389 in 2008 & $71,736 in 2007.