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mide

04/08/08 4:05 PM

#101370 RE: hogman_5 #101369

One must remember as well, that at the time of these malfeasances, there were multiple independently operated wholly owned subsidiaries in existence.

Might they have indeed had their own banking arrangements for deposits and withdrawals as well?

I suggest an opine that the soon to be disclosed updated financials will clarify this and save you all from guessing.

m


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ColeThornton

04/08/08 7:18 PM

#101382 RE: hogman_5 #101369

That's exactly right hogman...

They did whatever it took to be sure things were run right. That's why they're called "audit" committees! Of course this was a "real" company, with customers and revenues and products and profits. It wasn't a small "SCAM" company!

And mr_schnizzle since you say...

"Now your happy to swap the corporate board room for IHub's GTEM message board eh Cole?"

You bet I am! We sold the last company whose board I was on, and now I can do whatever I want. Gives me plenty of time for all my friends at iHub. This is a lot more fun!