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boogaloo

10/22/06 1:10 PM

#127547 RE: snow #127546

snow, I'm not sure I agree. For a pinksheet, any pinksheet, to finally file their first 3rd party reviewed financial audit on EDGAR... adds a HUGE amount of credibility. More credibility than most pinksheets ever achieve.
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jerseyboy

10/22/06 1:17 PM

#127552 RE: snow #127546

I agree that the audited numbers would have more credibility if multiple years were to be presented, but the auditors aren't that stupid that they would allow profits from a preceding year to be included in the current year's numbers. Their audit scopes and fieldwork standards preclude anything like that from happening if the work is performed properly.