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Re: Jerry7777 post# 103210

Friday, 07/08/2011 11:51:59 AM

Friday, July 08, 2011 11:51:59 AM

Post# of 165854
Nice work. Thanks for sharing.

1st, all these are unaudited financials and have a different standard then audited financials.

There was a new person that took over the responsibility as of the April 11, 2011 report and we are now reporting at a "higher" standard then previously.

Merle



So, what is meant by reporting at a higher standard?

I observed in the NI continuous disclosure requirements that the financials require a disclaimer if they have not been reviewed by an auditor.

If you look back to previous quarters, you will see this disclaimer, but more recently this disclaimer is absent.

Therefore, I presume that the last few quarters that did not carry this disclaimer means that these unaudited financials had been reviewed by an auditor.

So, what constitutes a higher standard than unaudited financials that are reviewed by an auditor, if that "higher" standard is not now audited?