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Re: searay2701 post# 8595

Tuesday, 11/15/2011 1:55:27 PM

Tuesday, November 15, 2011 1:55:27 PM

Post# of 8789
that i was expecting about the audit. it costs close to 100,000 to get a two year audit done these days.
they are looking to see if they can get it done for a lot less.
i personally do not believe the company can expense about 100,000 at this time.
i want to see what financial information that is put out and than be able to determine if an audit is in the near term.

in my opinion, its not going to happen until we have a sound financial cash position to do it.

once done, the company could sale stock to get more capital. its a two headed sword. pay now and hope to get more later.
or wait it out and have sound footing to work with.

i believe Pat is on the course of wanting sound footing before something is done. who would blame him. Doc has had it for 20 years and Pat less than one year.

let see want comes out with any financial release.

old man - still number two in stock holdings behind the Doc. as a individual person.

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