Replies to post #111286 on Sulja Bros. Building Supplies, Ltd (SLJB)

[abbam]

OK, I have never been auditor and your comments make sense. However, I have spoke to friends who have been in the business and the basic idea is do you think if GE needs something completed that we are not going to push off a smaller client ?

sljb is new and not a big client I am sure for these folks. They can get pushed around in favor of the bigger guys

[jerseyboy]

Good to have another auditor on board (I was at Andersen pre-shredding days). Do you really think any of the Big Four would've taken this on as a fixed fee engagement? There are so many potholes in the road here that I don't there's any way they would unless they see the job expanding into a lot of hours and related fees in the future, because they're sure to lose money on this one if they did so unless they see a big pot of gold at the end of the rainbow. IMO, the complexity is why it's taking so long, and I would be surprised if it were done before Thanksgiving (U.S., not Canadian). Also, would you mind taking a look at the financials on the Sulja website and giving me your impression of them? They're the primary reason I invested here, as if they have been fabricated and are not real, IMO, someone with a really good knowledge of accounting and this industry had to make them up.