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Re: ProfitScout post# 6710

Tuesday, 11/20/2012 1:47:24 PM

Tuesday, November 20, 2012 1:47:24 PM

Post# of 7345
The financial filings are unaudited statements and as such cost next to nothing as you don't need an accountant to do them. Since the company has no business, there is very little change from one quarter to the next and the notes in the filings are also the same from quarter to quarter with only changes added. It's a template and any president worth his salt can do the financials in a very short time and without incurring any costs. I am sure AVIX uses an accounting package (a simple $100 one will suffice for a company with virtually no transactions) and it does all the statements required for filing.

I wouldn't read anything into the fact they filed. I am interested in seeing what the filings contain and all I see that what may or may not be of significance is that 100 million shares paid for the software was returned to treasury. I would have liked to see an explanation for that.