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Johnny_C

02/20/17 8:56 AM

#36972 RE: ricanich #36971

Oh, and let's not forget the rules also stated that Cowan needed to have procedures in place for supervision, looks like they missed that also. I bet shareholders, the PCAOB and the New Jersey Board of Accountancy would love to hear the reasons why Don Cowan and the other Partners failed to have the correct policies and procedures in place.

But an even bigger one you may have missed is if Meyler assisted on the Tauriga 2015 quarterly filings after the PCAOB notified them of the independence violation. That should be easy to prove one way or the other with emails and testimony.

As far as the $25,000, it seems to everyone I talk to that Cowan accepted that money fraudulent circumstances. THat money was not wired in to pay down a purported bill, but for Cowan to reissue the 2014 opinion which they claimed they could do. That money was not returned. TAUG did not consent to that money to be applied on anything except for the services that the 25k was contracted for.

Yeah, sure, this is a run of the mill negligence case, the kind that the DECN folks claim could be settled in a snap. FUnny how DECN did not sue its previous auditors for fees to be returned though, isn't that surprising since settling an insurance claim like this is purportedly as easy as 123.

Oh, as far as the phone number, looks like TAUG kept the same number from years ago... I think the packaging looks great.



It was ok for Cowan, an accounting company dealing with the public, to,

Violate the independence rules

Violate the rule where they were required to notify TAUG immediately of the breach

Violate the where they should have assisted TAUG in every way to cure the breach

Violate the rules by affirming to TAUG that they could reissue the bad audit

Charge TAUG 25k for violating the rule that they could reaudit

Violate the public policy rules, ethic rules and virtually every other rule regarding conduct

Violate the transfer of work papers rules, and ignore TAUGs requests for the work papers

And now again, they are trying to get a judge to protect them from public scrutiny despite complaints filed with the Board of Accountancy and PCAOB and despite similar requests being rejected by a previous Court.

Why doesn't Cowan's proposed order show up on Pacer