Friday, October 21, 2005 11:38:19 AM
Okay, here's why he can't:
If he DID release that "explanation" as you has stated. the investors would be left with thinking the independent auditor's numbers must be a LOT lower than NAUG's previously released numbers. Obviously NOBODY in NAUG management is going to argue about numbers that mate up perfectly or even exceed numbers they have posted in the past.
For Scott to offer your explanation, all he would be doing is offering you a negative, ambiguous, investor-emotional situation to some sterile, fact-based numerical data that is void of any and all emotion.
I say "no" to that idea. Just wait and release whatever the best possible numbers are (after the two parties negotiate the totals) and let the chips fall where they may.
If the numbers DO pan out ...then it doesn't really matter if NAUG is at $2 or if the investors are emotionally drained. It will start going up from that point on. True, it won't be starting from $5 or $6 (had NAUG management had their act together) ...but at least it's a start.
EPROM
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