Replies to post #31087 on Saean Group Inc. (SEAN)

[absintheminded90210]

That would be awesome. I'd consider that an acceptable unforeseen event!

[Dieselkiller]

So you are saying they filed for an extension of their 2012 taxes? Why else would "new" tax deductions come up? Where did you get your information about the extension on the 2012 taxes, hrrmmm? March 15th or December 31st, depending on the end of year date, thats when business need to file. Please post a link to a PR or info direct from the company stating they have extended their taxes due to new deductions that were just found. They are having a private audit, not an IRS one. They said the audit wasnt done because they didnt have the money, thus needing to dilute for "financing". Where is this info coming from? Ive got IRS dates and what HAPPENED at the meeting. Also, please post a link showing where they said, im sorry, proved the financials were completed May 30th. At this point, cant believe a word from them.

[Penny Heaven]

Think about this for a second. CPSZ hires a professional accounting firm to do an audit. They complete the audit May 30th which they have been working on for 7 months and all of a sudden say that they are not going to release because there are more deductions????? Then CEO Ron Hodge says at the annual shareholders meeting that the reason the audited financials weren't released is the company ran out of money. Why wouldn't Ron say Surfkast story? Both stories are equally lame.

If Surf's story is correct why won't company give new release date for audited financials?-It makes no sense!!!

"more tax deductions" doesn't even pass the logic test.

PS Sorry I gave you a complex Surf.

[Penny Heaven]

Surf,

You are never wrong! Why would anyone say this?

When are the re-audited financials statements being release?

Go GPSI!!!!

[FastFish]

surfkast Thursday, 08/08/13 11:15:05 PM
Re: absintheminded90210 post# 31079

Post # of 35849


Financials were completed by May 30th. Upon review, the accountant found more tax deductions. That is why audited financials were not released. They are being re-audited to take advantage of all deductions so the bottom line is 100% accurate. So what they posted will be looking better!