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$Money Bags$

05/16/07 9:37 PM

#65514 RE: Stayeven #65513

Due to Panamanian law, they could not release audited financials due to privacy laws protecting the names of some of their private business clients. For the end of the year financials they had them certified by an auditor.

4Godnwv

05/16/07 9:42 PM

#65516 RE: Stayeven #65513

>...couldn't the CEO just throw any numbers on this quarterly report?<

Only if they wanna spend time in jail for fraud.

They have to sign off on unaudited financials, certifying that they are accurate to the best of their knowledge.

To intentionally file erroneous material in an attepmt to defraud the public would be actionable in both criminal civil courts.

freddy80

05/16/07 10:11 PM

#65523 RE: Stayeven #65513

Throw your money here for a 100 bagger

HotStocks1

05/17/07 12:59 AM

#65537 RE: Stayeven #65513

The CEO could make up numbers if he wants to serve 20 years in a federal pen. There is to much stuff here that has been verified and can be verified. I hold 70 Million shares and I am still buying. I think we will rise Thursday & Friday but Monday should be awesome with the PR's that are coming out.

dshade

05/17/07 8:30 AM

#65553 RE: Stayeven #65513

The accountants verified the bottom line numbers and that is on the site under financials. Bit tricky when it comes to what you can disclose as Panama is very heavy on keeping company's assets sheltered and out of public domain.