First Liberty Power (fka FLPC)

[RJM427]

1Kgwxman, After some research on the previous 10K's, they use a firm called De Joya Griffith, out of Henderson, NV. DJG has offices in New York, Chicago, Las Vegas and of all places.....India. DJG is not a large auditing firm, but it is not a small one either. I also noticed that their last two 10K's were late and they had a few 10K/A's (amended). Not normally a good sign if the past 10K's were late and each one had to be amended after filing -- most audit firms would not be happy with these events. But that could all be reliant upon the fact that FLPC has no accounting section yet, just a CFO.

Maybe, with revenue and increased profits we will see some better financial reporting pertaining to filing deadlines. Bottom-line: I am confident that after Enron and Sarbanes-Oxley, if there were a problem with FLPC financially, DJG would end their relationship, as it could put DJG on the same path as Arthur-Anderson if they ignored it. So, it is a good sign they are still retained and willing to be FLPC's auditors.