Replies to post #140518 on On4 Communications Inc (ONCI)

[berdboy]

AGREE 100%... steve is making ONCI look like just another P/D STINKY PINKY...steve could clear this all up easily.. WHY ISN'T HE?..

[Spanked-It]

Thanks for all your DD!! Good points. Imo

[ApollyonZ]

Release of the engagement letter is not required by alternative reporting, OTCQB, Nasdaq or by law's that govern.

Section 80 always requires a report. Financial statements that the accountant is engaged to prepare but that are not intended for third-party use would fall under Section 70

https://www.aicpa.org/interestareas/frc/reviewcompilationpreparation/resources-for-ssars21.html

..The statement is made at management's discretion, and the accountant or the accountant's firm name is not required to be included.

https://www.aicpa.org/content/dam/aicpa/research/standards/compilationreview/downloadabledocuments/ar-c-00070.pdf

The list of deficiencies you list are exaggerated-unsupported IMO (per AICPA), conclusion drawn by simple logic.

ONCI!

[RMEG]

Same with me.... I still don't think the audit has started. That snippet from the Engagement Letter does not look authentic to me either. All he he has relayed is that he selected an audit firm, regardless what other posters say Steve has privately mentioned to them. Time will tell shortly...

[zombywolf]

I cant say whether we will even get an audit- last time Steve made a commitment on that was 18 months ago, and still no audit. Maybe our continuing expose of him and the letter will shame him into an audit. If no audit- remember your pals Q & Z, you heard it here first. OOPS, dont also forget BTW, he was on it early.