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Re: loanranger post# 301249

Monday, 03/08/2010 9:39:28 AM

Monday, March 08, 2010 9:39:28 AM

Post# of 346920
It didn't work.

"By your logic all the filings are done...because the company "had to" file them."

D&D did file a report on his audit work. His audit work is done. But I really don't have a clue as to your point. Maybe your point is since D&D made mistakes in other audits, then ALL his work is faulty. If so, I disagree with your logic. The PCOAB didn't say this or anyway close to this absolute. His SPNG audit wasn't even an issue with the revocation personnel. Did you even read the June 16th report because the report doesn't say ALL his work was faulty???? He got nailed on the cover-up.

Not only are the depositions fact, the SEC has all the related audit workpapers. Reilly has them too."
Again an assumption, this time literally stated to be fact. You do know what a fact*** is, right?


No assumption, the SEC has this power. Not to use would be foolish on their part. I don't think they used a half-azz approach with evidence for the 16 issues. The formal investigation was over 3 months. LOL but depositions are easy for guys asking the questions, they generally have all the time in the world. It's simply a fact finding exercise and/or a confirmation process. Do you, The loanranger, believe they didn't have depositions?????? Would love to hear your reasons why the investigators skipped over this little exercise.

Do you know anyone on this board that has any FACT concerning the actions of SPNG management, what they were thinking, what they said behind closed doors and how it relates to any SEC filing?????? Could you please point them out.

An educated quess, based on actual experience in these matters, is the best you are going to get on a message board. Dude I'm sorry, but this exercise is about making solid investment choices. Without inside information, an educated guess is the best you're going to get.

I really don't get your attitude, but Thanks anyway.
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