Walt - easy there, big boy !!
Most large Audit firms have a consulting arm. It's up to the company they are auditing to request this assistance.
If, lets just say, that the acquisition of the Lumber Mill(s) was not finalized, but in process, I suggest that Sulja's Auditors would indeed request that Sulja Mgt. be cautious in giving details about the acquition, other than to say it's happening.....which they did. If the acquisition IS finalized, the Auditors could request management to withhold information until the final audit opinion (hopefully unqualified) is rendered, otherwise, as PART of the total audit, the acquisition could be construed by investors as approved by the Auditors under GAAP.......these situations CAN get sticky, although I agree usually they do not.
Like most here, I was throwing out possibilities for what has transpired to date, based on my actual experience, and all imho.
Everything I said was a positive for the company, imho, and for us longs........
Are you one of us longs ?? Maybe I hit a "shorty nerve" ??
By the way, I have worked for both public and private companies, for 30+ years, and believe me, I've "seen it all".
Good trading to us all.........go SLJB !!
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