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Re: gregg99 post# 24373

Sunday, 06/12/2005 2:07:00 AM

Sunday, June 12, 2005 2:07:00 AM

Post# of 341669
Greg - I would assume that they only have to audit MMXT for Jan 1 to present, as they are current to Dec 31 2004. I don't think they would need to re-audit what is already done, but just include the already audited financials of the 18 months prior to Jan 1 with the audit of the 6 months since.

Since they would have needed up to date financials of both companies to complete the DD needed prior to the meeting to approve last week, I would assume that it shouldn't take long to complete the audits of both with the information already at hand. That might even have been done already.

fly, why would they have to audit mmxt? they are current with all filings to date.