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Re: RealWorld1 post# 40186

Wednesday, 09/04/2013 6:03:17 PM

Wednesday, September 04, 2013 6:03:17 PM

Post# of 41931
An audit is not hard, as there is little to account for except travel expenses and liabilities. No assets, no revenues, no real employees, etc. Only liabilities, such as Camofi settlement and unpaid bills. Hardest item will be GAAP accounting for all those warrants and shares issued below market prices. But there is no reason to get an audit, as BGMO has no viable business and is quite dead. Not everyone has gotten the memo or willing to admit the obvious.

There is a possibility of money laundering charges, to the extent HH was helping Paki friends move money out of the country to SIngapore. Just a blind guess, but if I had money in Pakistan, I'd be looking for friends with shell companies to facilitate transfers.




Everything I post is my personal opinion.