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greens12

03/27/14 3:12 PM

#14779 RE: TheSittingtight1 #14773

Why is the S/A article saying the last 3 months SPLI reported no revenue and only had 6,000 in the bank ?

dog turd cannon

03/27/14 3:32 PM

#14785 RE: TheSittingtight1 #14773

First point - you need to check into the blacklisted auditing firms. Just like tickers go black so do companies that are shady in their diligence.

Second point - companies can self-audit as well, meaning the CEO/CFO certify. There is no need for independent third-party auditors. But, just for my own amusement here is a fully audited company that was a scam and the amount lost in lawsuits that followed.

Enron $7,200,000,000