Replies to post #46591 on E-Waste Systems Inc. (fka EWSI)

[DrHarleyboy]

Actually, it is quite easy to dispute. If it isn't in the 10k, then it doesn't exist. If they have $20 million in revenue, why is the dilution so rampant?

Let's talk facts, not fantasy. The "auditor" doesn't do any calculations for the company. They just look over the reports and see if the procedures were followed according to GAAP. Very easy to slap "audited financials" slapped on your statements.

However, the LAST Two (2) Auditors hired resigned; this NEVER, EVER bodes well for ANY company. When Malonebailey bailed the board turned on them like a rabid pack of dogs, where as when when they were first hired, it was to be the greatest thing since sliced bread.

So it would seem that TWO auditors don't believe they are following GAAP, and are not willing to sign their names off as auditors. This is a HUGE red flag.

Dr H

[eleniak]

Under $1 million on US soil!!!!!!!!!!!