For the record -- I am not at all accusing you of being untruthful at all -- and I apologize if that was the impression I gave. I think, though, that when something is not independently verifiable, one should use extreme caution in putting money on the line.
That's why I've asked over and over (and reasonably, I think) why the company hasn't issued audited financial statements to the public, ever. They have said that they would, including announcing that they had hired one or more accounting firms over the years -- and yet no financial statements.
I know a little bit about this kind of thing -- audited financial statements contain the attestation of the independent accountants that the financial statements are fair, follow GAAP, represent actual assets and liabilities, etc -- and no CPA can sign them if they don't think that's the case.
We're not talking about a lot of money for an audit, either; a local firm in Idaho could do it, with perhaps one two-day trip to the New York HQ.
I suspect, however, that the auditors didn't sign off on the reports, or were unable to audit the books in the first place -- and that bothers me, especially in the absence of any statement to the contrary on the part of the Company.
Anyone want to address this?
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