Replies to post #11284 on eMax Holdings, Inc. (fka EMXC)

[pumper_stumper]

Spotting companies in financial distress - ""notification of a change in auditors mustn't be taken lightly. Auditors tend to jump ship at the first sign of corporate distress or impropriety. Auditor replacement can also mean a deteriorating relationship between the auditor and the client company, and perhaps more fundamental difficulties, such as strong disagreement over the reliability of the company's accounting or the auditor's unwillingness to report a "clean bill of health". Recent academic studies find that there are more auditor resignations when litigation risk increases and a company's financial health is deteriorating, so watch out for them""

http://www.investopedia.com/articles/financial-theory/10/spotting-companies-in-financial-distress.asp

[pire]

I would not want an auditor that could not complete what I hired them to do either. When all the paperwork got turned in, they just probably could not get it done. So EMXC changed to someone who could then get it done. Will have to see.

But until then, my 70 cents in dividends is coming. The Music Meeting in France will bring us good news IMO. That Beetle's collection might just be around the corner and up for sale. Either that, or we can sell a lot of what we have to finance the drilling for oil and gas with the recent aquisition of property in the South East United States (Florida).

Boom Chaka Laka!