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oldboldpilot

10/06/06 10:56 PM

#112592 RE: janniebgood #112585

Jannie >>WE HAVE COMPLETED OUR INTERNAL AUDIT AND ARE CONFIDENT IN TERMS OF ITS ACCURRACY AND COMPLETENESS IN TERMS OF ILLUSTRATING THE FINANCIAL STABILITY OF THE COMPANY AND THE EFFICACY OF OUR PUBLIC STATEMENTS REGARDING THE NUMBEROUS AND VARIED VENTURES WE ARE NOW FORTUNATE TO BE A PART OF ... WE HAVE PASSED ON THIS REPORT AND ALL SUPPORTING DOCUMUENTATION USED IN ITS PREPARATION TO OUR FINAL INDEPENDENT THIRD-PARTY AUDITOR. WE ARE UNABLE TO OFFER A DATE-CERTAIN RELEASE OF THEIR FINDINGS

You are absolutely correct...you read it one way, I read it another. Truth of the matter is somewhat evasive isn't it ?

Cheers
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Cowboy

10/07/06 7:54 AM

#112955 RE: janniebgood #112585

I agree with your thoughts janniebgood...the audits were in process or most probably done. Now that it has American/Canadian approval, having an internationally recognized approval stamp from a firm such as KPMP will add total credibility on a world wide basis.

I would also have to assume that KPMP did one or more of the collection of audits so that should shorten the amount of time necessary for the approval process. So whether its days or perhaps another week really does not matter in the scheme of things.

In any case we have unaudited financials that we have seen and the only question at this time is how much more will the audited numbers reflect?

Once this audited valuation is made public it will allow the institutional investors as well as accredited investors to buy without blemish to their standards of investment.

Those that are currently prepositioned in this stock are going to be very happy which allows me to post my favorite statement:

CONFIDENCE IS HIGH