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Re: regulator2006 post# 4454

Tuesday, 08/06/2013 1:52:55 PM

Tuesday, August 06, 2013 1:52:55 PM

Post# of 4651
But how can there be an audited financial statement when the Q's CLEARLY are wrong. Either he has to admit they are wrong...which is a huge problem for him...or he does not file an audited financial statement.

The second choice is less risky...and therefore much more likely.

And on the outside chance that he does file them....he hands the SEC the gun with which they can shoot him.

The best you can hope for is a 10Q/A but even that is a problem.

There is no good path here.

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