As for the audit scenario, well said Florinda. It was expressed in a very clear fashion. Anyhow, I am going to find out more about this whole episode sometime soon when I either get to meet or speak directly with Solomon Lee himself.
And I will also ask Mr Solomon Lee if he called Joe Natural and spoke with him (following Joe Natural's claim that last week he spoke with someone who identified himself as Solomon Lee of Sino Agro Food Inc).
I still don't believe there is anything sinister here with the audits, eventhough when I read through the press releases in Jan to April, it is true that they were naive to assume the 2009 and 2010 audits could be completed by April.
Thanks for the feedback. I certainly believe the best "defense" the Company could make is to get the audits done sooner than the late July/early August timeframe. It also seems reasonable to me--albeit not having any direct experience in these matters--that if management was told by Madsen early on about a July/August timeframe, but management knew for a fact that the bulk of the work would have to be done by the Hong Kong affiliates, then it wouldn't seem out of place to assume if the affliates got done quickly then it could substantially alter the original projection dates. Perhaps they were foolish and naive to believe that. But I think most people would be inclined to think that if they satisfied all the requirements for inspector X, then surely inspector Y won't make me wait two or three more additional months just to sign off on the correctness of inspector X's work.
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