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Monday, April 18, 2011 3:44:08 AM
The auditors didn't agree with the Accounts Receivables according to information filed. But IMO even if you wipe them away completely, for a profitable company trading at a P/E of under 5, in the mobile/gaming space, who has a partnership with 3M for medical/business applications, I'd say the accounting "issues" will be resolved in due time.
It's a pitty about the auditor, and a bigger pitty about the law suit, but if they have a solid business model, solid technology, and their sales keep growing, the issues will solve themselves.
IMO
Tyk
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