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Re: A deleted message

Tuesday, 07/09/2013 8:01:22 PM

Tuesday, July 09, 2013 8:01:22 PM

Post# of 41931
In reviewing the L L Bradford and Company financial statements with the attached notes they do not:

Name the subsidiaries
Name the jurisdiction of where the subsidiaries are domiciled
State the percentage ownership level if not 100%

There is also an inconsistency in the reporting as the auditors statement says a year end of December 31st. When was the year end changed and when were the shareholders advised of the change from January 31st?

There is also a material disclosure issue on the part of BGMO reporting nearly $ 50 million in after tax profits prior to the previous fiscal year and the opening statement for the 2012 period to shows a retained earnings deficit of $ 2 million.

Where did $ 52 million in shareholders equity disappear?

By constantly changing the reporting periods on OTC markets and not providing either an MD & A and comparative numbers for the immediate prior period, shareholders are faced with the fundamental issue of accepting the fact of BGMO misreporting to OTC markets of prior period profits or an undisclosed write-down of assets and retained earnings immediately prior to the new accountant being retained.