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Thursday, 09/29/2011 8:11:21 AM

Thursday, September 29, 2011 8:11:21 AM

Post# of 1196
Did you notice the best part of the 10k. The delay of releasing the financials was due in part to the third party audit. On the bottom is the written statement that the financials were Audited by an American Legal firm.
http://www.cpaweinberg.com/about.htm
"audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall consolidated financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of Xinde Technology Company and Subsidiaries as of June 30, 2011 and 2010, and the results of their operations and their cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America."
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