InvestorsHub Logo
Followers 19
Posts 1331
Boards Moderated 0
Alias Born 10/30/2012

Re: VEGASnVA post# 53658

Monday, 11/26/2012 11:19:34 AM

Monday, November 26, 2012 11:19:34 AM

Post# of 238642
That would take time to correct and the audit would likely not be reported to the SEC in 90 days.. That tells the world something was being covered up and hype would be crushed by doubt... As the old saying goes "fool me once, shame on you. Fool me twice shame on me". Big money will not play if there exists proof of past transgressions.

Worst case scenario, they delay audit until 24 months of clean #s are available. I.e. if Jan/Feb of '11 were fudged, they would restart with March '11 meaning two additional months.

Now.. This is all worst case scenario: I never said Llamas cooked the books, only that recent evidence brings to light a potential moral flaw in the old CEO and the installs some doubt in the legitimacy of the financials he oversaw.

Again, there is now no reason to cook, there is too much to lose, and I expect all recent activities to be on the up and up.

I was only stating a risk, from my perspective.