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Re: Biochemist2002 post# 94791

Wednesday, 09/08/2010 3:34:26 PM

Wednesday, September 08, 2010 3:34:26 PM

Post# of 233825
That's very interesting, especially the coincidence in dates. I read the removal of the auditor as a genuine reason, but looks like your contact is saying she believes it is just a ruse. The only snag is that in fact it appears that the auditor really has run into CPA difficulties and other companies have dropped them as well, eg Metwood:

In an SEC filing, Metwood, Inc. (Other OTC: MTWD.PK) disclosed that it has dismissed its auditing firm, Traci J. Anderson, CPA in the wake of the firm's violations of auditing standards.


http://dc.citybizlist.com/yourcitybiznews/detail.aspx?id=90916

This would lend credibility to dropping the auditor as being the true reason behind the recent 8KA and the subsequent failure to comply notice, rather than a ruse to go "dark" whilst matters are being dealt with behind the scenes. I really do not know.
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