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[grimreaper]

Wade not greatest news on GACF

Getting new auditors so late in the year doesn't shine a positive light on the company. Perhaps they are going on the AMEX and needed auditors with a more national exposure but the timing isn't great.

My bet is the year end(if their y/e is Dec.) results could be late. I haven't checked SEC filings but hopefully no dispute with the auditors.

I think the biggest hassle for the auditors will be for the division that sells parts . Since they bought all the parts and reselling those parts, it will be difficult for the auditors to verify and do an inventory count. The other divisions entail "larger" transactions but shouldn't be a real problem to audit.

Wade have you talked to the company recently?