Replies to post #79934 on Exxe Group Inc (AXXA)

[SeanBoy]

An audit for any existing company small or large is a huge undertaking, respectively, that affects every aspect of the company from lower level to upper management that they have rightly planned on tackling within the year.

That a bunch of bull.

While an audit may be expensive, in simple terms, it is nothing more than an accounting review that allows a CPA to issue a professional opinion as to the accuracy of the company's financial statements to assure the public that accepted standards and methods, along with honest information, have been used to determine the numbers presented.

Surely a company with $62M in assets has either an accountant onboard or an outside consultant who prepared the docuements that have so far been presented, and while that person may not be a CPA who can provide an audit, they certainly can work with the auditors. If what we've been shown is accurate, all that is required would a review of the documentation and methodology used to get us to where we are now.

I'll have more faith when they start using formal PRs followed by 8K filings. Oh, and the first step would be to actually hire an auditing firm, this should then be followed by an 8K announcing it to the world.