Mr. Swank did contact his accounting firm and informed them of the error and to have them get this corrected. He was told that they would have this corrected when they did CGAQ's year end report. Thus when the year end report comes out we will see the revised data concerning those discounted trading shares.
I thought that was very clear from reading the PR, didn't you?
In another matter CGAQ has received concerns from investors regarding discounted free trades that were sold to raise money for company expansion posted on the 3rd quarter financials; this is currently being revised and will be corrected in the yearend financial report.
On this matter Mr. Swank stated, "I'd like to thank the people who brought this to our attention, once I heard of this matter I got in touch with the company's CPA and we are having them revised as this is a horrible mistake. Selling discounted stock to keep the company debt free and yet continue to expand is something normal for public companies, but discounted at the prices that have been posted is just ridiculous."
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