China MediaExpress Holdings, Inc. (fka CCME)

[martych]

I understand how everyone is looking for potential solutions and certainly contactly Jacky with some well-placed suggestions can help. However besieging him with numerous emails that are outside of his control will run the risk of minimizing the impact of those that are possible and actionable.

DT will not do a special cash audit prior to the 10k. The internal process associated with issuing an opinion and a report on internal controls is in motion and to try to preceed that with a separate effort and statement on cash would take weeks of internal effort, negotiations and eventually rejection by National as a separate opinion prior to completion of the entire audit. Remember DT still has the option of withdrawal if they see anything shady during the process. Were they to issue a separate cash audit report it would come attached with risk that they won't accept prior to all their audit work being completed.

Also note that I don't know of a situation where a reputable audit firm would agree to an engagement to be overseen by another. Just won't happen due to the risk to their franchise. Imagine Ernst and Young being able to state in future bids that DT isn't reliable because EY was hired to ck their work.