InvestorsHub Logo
Followers 2
Posts 307
Boards Moderated 0
Alias Born 01/03/2011

Re: nicmar post# 64976

Thursday, 04/21/2011 10:32:26 AM

Thursday, April 21, 2011 10:32:26 AM

Post# of 371937
Talk the talk will be followed by walk the walk

From the filing on Tuesday:

c). Corporate Compliance Opinion Letter – As previously disclosed, corporate counsel Charles M. Kester, will be issuing a letter to the Pinksheets referencing the Company’s full compliance with standard reporting requirements. This attorney’s opinion letter is a necessary filing in order for the Pinksheets to remove the “Yield” sign from the Company’s informational page. Although previously anticipated for completion last week, the revised timetable for the issuance of this compliance letter has been changed to Friday, April 29, due to the volume of documents and agreements requiring Kester’s review.

d). Audit Status Update with Hogan-Taylor – As previously disclosed, the Company has engaged Eduardo Suarez-Moreno, CPA as in-house Controller. During the past six weeks, Moreno has been reviewing and compiling all information required for a complete audit-package to be presented to Hogan-Taylor. A meeting has been scheduled for Monday, April 25, 2011 with Todd Wisdom of Hogan-Taylor, along with Moreno, Parkinson and Shefte, to formally present all of the reports, materials and back-up items previously requested and customarily required for Hogan-Taylor to conduct a full audit of the Company’s activities for the years 2009 and 2010. The format of the reports being delivered to Hogan-Taylor is anticipated to expedite the formal audit process and to reduce the timeframe required by Hogan-Taylor. At the meeting, Company will ask Mr. Wisdom to advise on the necessity, cost and value of also auditing the year 2008 results, or more simply, reviewing same.

The audit, opinion letter, removal of the yield sign and uplisting to the OTCBB will all be a reality within the next few weeks, imo. We've been waiting on these events for quite some time, but like the old cliché says "Good things come to those who wait."

Good luck nicmar and TDGI longs!