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player1234

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player1234

Re: dig space post# 224152

Wednesday, 03/14/2012 4:19:08 PM

Wednesday, March 14, 2012 4:19:08 PM

Post# of 250089
I believe your guess is correct. Under normal circumstances, a company being bought has their books audited by the buyer before they complete the purchase so this can be avoided and a true purchase price determined. Was this done here? I don't know.

If this results in a substantial change in the books, there could be some serious liability involved. I would also wonder about the recent share price erosion. We'll have to see what comes out of the audit.
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