Jade Art Group Inc (JADA)

[value1008]

JADA-- some very "promising" news is that JADA must now get a new auditor since Ted Davis (of Davis Accounting Group) is in jail in Utah for writing some bad checks. See the thread over at YMB. I think Davis is/was the auditor for BFAR.OB, CNOA.OB and other CHFI-assisted companies, because Davis has some Chinese nationals performing translation work for them....

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_J/threadview?m=te&bn=76432&tid=6284&mid=6284&tof=2&frt=1#6284

Now that Davis is behind them, any change of auditors by JADA can be perceived as good news, imo....

I don't think JADA needs to pay big bucks for one of the very top echelon auditors, but there are some well-respected smaller firms, as i gather from reading Rames (at his stock tracker site), as well as Chad Sykes & RatoBranco posting at CGS board.

Anyway, below is the official 2009 top-twelve ranking of auditors (ranked according to amount of biz they do) from PCG (Inside Public Accounting).

Maybe JADA can get one of these top twelve or a smaller but respected firm (any recommended names for some of us to suggest to JADA's i.r. guy Yangyi?)

TOP TWELVE AUDITORS:

Deloitte
Ernst & Young
PwC (PriceWaterhouseCoopers)
KPMG
($5 billion annual revenue)

McGladrey Pullen
Grant Thornton
BDO
CBIZ
Crowe Horwath
($500 million annual revenue)

BKD
Moss Adams
Plante & Moran
($300 million annual revenue)