Friday, April 27, 2012 10:10:09 AM
AUDIT DELAY STATEMENT
“We are required to do this in order to present the independent auditors of MYFT with year-end balance sheets for 2010 and 2011 that can be certified. That first step is necessary so that we can present our financials in GAAP for 2011 and beyond."
"We continue to expect profitability on an EBITDA basis during the third quarter and after. That is the most important thing to us right now," said Childress.
Childress concluded, "Importantly, the transactions of previous management and ownership have absolutely no bearing on the operations of the Company at the present time. So the information void in which investors find themselves is due to events of one and two years ago that are totally irrelevant to our current operations and prospects. We are bringing this situation to a conclusion as soon as possible. Also very important is the fact that we will complete an audit. While I dislike the lateness of the timing, it is more important to get it right late than wrong early."
MYFT IS THE REAL DEAL SO IF ANYONE DOUBTS THAT FACT—JUST LEAVE IT ALONE BY GETTING OUT OF THE STOCK AND OFF THIS BOARD. THERE ARE BUYERS FOR YOU DOUBTERS…
THE COMPANY WILL PROVE THAT WITH GOOD LEADERSHIP---TRUTH SHALL PREVAIL!
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