InvestorsHub Logo
Followers 8
Posts 1162
Boards Moderated 0
Alias Born 02/08/2011

Re: 6sigma6 post# 6345

Monday, 07/18/2011 9:13:05 PM

Monday, July 18, 2011 9:13:05 PM

Post# of 38473
Its amazing what you don't know can lead you to so much conspiracy theories like I did hehehehe...

I was theorizing before between me and Nback that they 'might've' intended to delay to shake those people who wants to make a quick sell of their 10% divvy and after enough time and volume exchanges that's the time they might release the 10Q/K but given the accurate information from pacobus.org strict guidelines. I'm not surprise that the delay is with the auditor but I'm not also pertaining that it 'is' the auditor.

Quoted from the previous PR:

The Company is working diligently with its certified public accountants, independent auditors and legal counsel to complete the final review and approvals for filing the Report.



Reference: http://finance.yahoo.com/news/Universal-Bioenergy-Prepares-pz-3690953543.html?x=0&.v=1

Reference: http://pcaobus.org/Standards/Auditing/Pages/default.aspx

However, the question still remains: "Why is the auditor delaying it? What did he found? Something fraudulent? Something inaccurate?"
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.