Replies to post #129513 on Potnetwork Holdings Inc. (fka POTN)

[jefff719]

From the accounting firm :

Paritz & Company, P.A.is registered with the Public Company Accounting Oversight Board (PCAOB) as an independent registered public accounting firm. We have extensive experience with the rules and regulations of the Securities and Exchange Commission (SEC). We provide audits of public company financial statements for inclusion in the Annual Report to the SEC on Form 10-K and S-1 Registration Statements and reviews of interim financial information in quarterly reports on Form 10-Q. We also advise public companies and potential public companies as to the requirements of the SEC.

We also have experience in audits of US public companies with foreign subsidiaries, specifically subsidiaries in China.

Since 2013 we have been ranked among the Top 50 Auditors by Total SEC Registrants and the Top 15 SEC practices in China as published by Audit Analytics.

Someone not trusting that should not play the OTC at all.

This is only my opinion.

[hearmeout]

FULL explanation Chilling!!! My experience is that the “initial” audit report is one of the most challenging tasks for management. Every piece of scratch paper, scribbled note is questioned. One can easily lose one’s patience with the audit team because they are relentless.
I expect that the company will learn from this experience and it will provide a foundation of how things will be implemented in the future. Likely there will be some few things where decisions will be restated.
It is why many investors and almost all funds require a company to be fully reporting before they will invest, in fact some corporations are reluctant or will refuse to provide approved vendor status?
It can be a real PAIN but so USEFUL.

[why_meil]

If it's a real audit then in my opinion it will have that information.

I'm not selling my shares. And I plan to keep accumulating shares of POTN on any significant dips.

People are being distracted by the block chain news and losing focus that this company is still growing revenues hands over fists.

The share price will take care of itself.

[salesleader]

This company wiped me out with a reverse split 2 years ago (1000 to 1 ) from 59000 shares to 59 shares , yeah I have a bad taste about them.