Consumer Automotive Finance Inc (CAFI)

[watchdog11]

Mr. Smith, did you or did you not make the following statement on the IHUB on Sept 10,2005?

"Some posters think a mere inventory will be taken, but the consolidated financial statements will include 2 years of operational data."

If so sir, could you tell the panel assembled how you came by this information, and please don't forget that you are under oath. Smith replies, "Uhhhh" Attorney "Mr Smith, "Uhhhh" is not a word" Smith, "I just made a lucky guess" Attorney, "Mr. Smith, it seems you made a lot of lucky guesses while an investor in NWAU, Do you expect the panel to believe you?" Smith replies, "Why not, everybody at IHUB believes me" Attorney "You're right, and I must apologize, 'Uhhhh' must be a word, you may step down now"