Replies to post #4479 on cMoney Inc (fka CMEY)

[janice shell]

How could there have been an announcement in early 2011 stating that CMEY's attorney would be sued this month??

They appear to have had a number of issues with auditors and lawyers, however. In 2010, their then auditor, MaloneBailey LLP, resigned:

On August 30, 2010 the Company was notified by Malone that it was resigning as the Company’s independent auditor and withdrawing its opinion regarding the Company’s financial statements for the years ended December 31, 2008 and 2009, each as a result of Malone’s belief that the Company’s former management had deliberately made materially misleading statements to Malone in the course of its audit of the Company’s financial statements for the fiscal years ended December 31, 2008 and December 31, 2009 as well as the subsequent interim period. Malone further advised the Company that the materially misleading statements that it believed had been made to it had rendered the Company’s financial statements misleading and could as a result no longer be relied upon.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7511081

Around the same time, their investment banker quit:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7473363

In March 2011 CMEY appointed Locke Lord Bissell &Liddel as their attorneys:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7826947

But by 14 September they were represented by Brinen & Associates, who resigned last week:

http://www.otcmarkets.com/financialReportViewer?symbol=CMEY&id=60460

This is not a pretty picture.