All American Pet Company Inc (AAPT)

[mike1975]

LOL ! So do you think that Eric (who has an MBA, a business consulting business, and was a local L.A. private university business curriculum professor) did not have the mental capacity to understand the tasks he routinely performed for the Company for approximately one year ?

Also, although Barry signed the SEC filings as the Company’s CEO and Principal Financial and Accounting Officer, the financial and accounting information contained in these filings was Eric’s responsibility to interpret and prepare. This is clearly outlined in the terms of Eric’s May 29, 2012 Employment Agreement with AAPT, which states in Section “2. Duties and Responsibilities of Employee”, “Employee shall serve as Controller. In such capacity, Employee shall be responsible for the Company’s Finance and Accounting Department. His responsibility will include all aspects of budgeting, auditing, corporate and financial reporting, SEC Filings, as well as adherence to GAAP.”

If Eric’s post-employment allegations that these filings contained material inaccuracies and/or omissions were later found to be true, it certainly seems like he would have a lot of explaining to do about his complicity in this matter.