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Stock H.O.G.

11/20/06 5:40 PM

#184121 RE: FattyMcButterpants #184075

Fatty: I believe Petar had the original AFs, then decided to move some of the assets/revenues into one of the other companies (Kore and/or CCM). That's when he requested the revised AFs. I think he received the revised AFs and at the same time, the newspaper and others started to investigate and ask questions. With the heat on him and every move being watched closely, his lawyer advised him to quickly change the AFs back to the original, which included all revenues and assets. I think that is what's taking place right now, along with the creation of a PR to explain all of these actions. Now, whether or not this was done to cheat the company, I don't know. In any event, I'm glad the heat is on and he's forced to do the "right" think, which is publish the correct AFs.
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gwikley

11/20/06 6:19 PM

#184232 RE: FattyMcButterpants #184075

IF you assume that there was an audit done. Then the question is: of what?
Of the one year period of S.Bros earnings to the date of the reverse merger?
That is a relative easy thing to do. One company, P&L,Taxes,Net Profit bottom line.
That is what was SUPPOSE to have been supplied to the documents filed for the merger. That didn't happen. SEC gives these "shell" companies 75 days to complete the missing paper work. Look at the dates, do the math. The reverse merger was never completed, because the paperwork was never completed. The "audit" was supposed to be supplied to Nevada. We were PR'd that it was on it's way. Got bamboozled some place along the way....I guess.

THEN......the PR's start: KMPG, Big contracts,Lots of companies, Different countries accounting techniques and languages, Traslation problems. Date CERTAIN and so on and so on.

Bottom line: All the SEC wants is some bucks in the paper work so that some money can be disbursed accross the authorized shares. OTHERWISE....trading the shares is BS!! They stand in the books in Nevada at .0001 share value.

The reason that SOMEBODY never sent even the barest of financials to NEVADA? Well........we have 5,596,333 conjectures right here on the board. What we DO know is this mess is the result of somebody someplace deciding that trading the SPAC shares unfunded was a cool thing to do.