Replies to post #11552 on Labwire Inc (LBWR)

[EarnestDD]

Looks to me like a lot of those FAILURES detailed by the PCAOB about Moore are very similar to the items that get posted about on this board.

The K9 relationship .... thats related party tranactions.

The Start-up costs ... thats stock issued for debt/services.

Oh my.

Followed by a list of failures -

(4) the failure, in two audits, to perform audit procedures to test revenues;

(5) the failure to perform audit procedures concerning deferred offering costs;

(6) the failure to perform audit procedures to test accounts receivable;

(7) the failure to perform audit procedures to test common stock issued for debt;

(8) the failure to perform audit procedures to test selling, general and administrative expenses;

(9) the failure to perform audit procedures to test equipment and deposits on equipment purchases; and

(10) the failure, in five audits, to identify and test related party transactions.

http://www.pcaobus.org/Inspections/Public_Reports/2008/Moore.pdf
October 23, 2008 Inspection of Moore & Associates, Chartered

[Bill_Investor]

The PCAOB has now reviewed a total of seven reports issued by Moore & Associates (five from 2008, two from a few years ago). The PCAOB discovered "issues" with ALL SEVEN reports.

Hello?