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Re: Anvil post# 4337

Tuesday, 07/05/2011 1:27:37 PM

Tuesday, July 05, 2011 1:27:37 PM

Post# of 23971
These are the financials of a Private company - generally much different than those of a public company as you well know. Private companies are private and they tend to keep certain information close - that is the benefit of being private. I look for much different information on the financials once the public company is audited. These financials are totally acceptable for a private entity.

It is difficult to comment on the particulars of these financials since we have no access to the underlying data and I am also an accountant so I do know what I am talking about when I tell you that private companies take a much different approach to these matters.

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