No way Peter is going to discuss the cost of the audit as it is a private contract. You can elicite an idea of the cost by looking at the proformas that state the acctg/legal costs to be $4 million whereas the 5/31/06 financials show they recorded $100K.
I'd never call someone a basher for asking questions. I've asked a lot, which is where my confidence comes from..
Petar has never done this public CEO thing before and IMO didn't know what it would take. I think it's been a surprise to him. In this case, changing some wording and finding out they are unavailable is beyond his control. The sell-off is retail panicking, and they'll all jump back in at a higher price soon..
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