VHGI Holdings Inc fka VHGI

[stedman]

There's a lot more behind an 80 page 10K than two appraisals. Then multiply it by 4 since VHGI Holdings has 4 subs.

When I talked with Bender 2 weeks ago he mentioned they had 6 accountants working on the 10K, he followed up by saying to the best of his knowledge the 10Q would be about 10 days behind the 10K.

IMHO I would rather a accurate 10K with an outside accounting firm who will be able to file in a timely basis going forward than put out something that would need to be amended.