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oldherder

04/01/09 12:52 PM

#4856 RE: Looking2Retire #4855

Here is an e-mail. We have no control on the audit process. We rely upon progress reports on the
auditing process from cavico management and the auditors. The annual report is the most
complicated audit and requires extensive effort from the auditing team based in san
francisco and the team on the ground in vietnam. The second allows a 15 day extension
with no regulator penalty. The auditors made the call on delaying the filing. Cavico
management is committed to compying with all regulatory timelines.
------Original Message------
From: burn0231@juno.com
To: roger.ellis@ccgir.com
Sent: Apr 1, 2009 5:59 AM
Subject: cavico

Well Roger, That SEC filing was not what you lead me to belive. In your last e-mail you
said Cavico's audit would, should, could, be on time. Now what? Any idea?

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