InvestorsHub Logo
Followers 8
Posts 471
Boards Moderated 0
Alias Born 01/24/2010

Re: loanranger post# 30674

Saturday, 01/22/2011 1:57:04 PM

Saturday, January 22, 2011 1:57:04 PM

Post# of 35802
Fair enough, and I don't disagree that GRNO will have to show more attention to detail going forward if they want to be awarded any sort of respect with regards to their stock price. That said, I don't find these errors you're talking about problematic necessarily, as they are more than likely due to a lack of a PR dept, so communication with the public is sometimes done with a less than ideal choice of words.

Obviously accounting is one of the highest priorities at a company or at least it needs to be. And it would seem that by GRNO engaging a PCAOB approved audit firm, and even talking to someone at Amersey that GRNO mgmt does take it seriously, even if their choice of words in some of their statements wasn't perfect. GRNO is far from the only company on the pinksheets that has a backlog of financial reporting waiting to be cleared up. Not all of them are moving in the direction of getting those issues resolved, GRNO is.