Replies to post #7640 on Music Licensing Inc (SONG)

[QTRADERQ]

The auditor determined the $323M in Accounts Receivable as of 12/31/21 was collectible. Afterwards, the auditor felt it was appropriate under Generally Accepted Accounting Principle rules to dropped their 'Going Concern' paragraph from their Audit Opinion.

FYI.. Auditors DO NOT just casually drop the 'Going Concern' paragraph unless they have verified the accuracy and collectability of the Accounts Receivable balance of $323M as of 12/31/21. But in Pro Music Rights audit for 2020 & 2021 that's exactly what the auditor did. POOF! Going Concern paragraph was taken out.