Carl,
Please take a look at #3548. Consider the other side of the situation.
Yes, they may be arrogant, or they may be overloaded for the short term.
Yes, they be incapable of responsive discourse, or they may be tired of focusing on a few loud and insultive shareholders and snipers who personally and professionally impugne various senior managers' honesty, integrity and honor. I am not suggesting you are doing this. I recognize the frustration in your words. I have questions too, but I also recognize the pattern of a short-term time squeeze based on the CRIC, audit and other activities coming to a head, and the likelihood that people making promises about call backs, etc. could use more training.
BDO would not be in the picture, affirm they are working with GIFS (per previous shared email from a poster here), or allow their name to be used by GIFS unless they were comfortable things were on the up and up. And even after starting their attest work, if they smelled even a hint of fraud, misrepresentation, etc., BDO would be running at breakneck speed away from GIFS (and you would hear about it as part of legal requirements as I understand them). Yes, I do have accounting/auditing experience, and have been in public accounting. I've been in the public accounting industry (in varying capacities) for 15 years. One thing driving the skittishness of CPA firms REGARDLESS of the size of the current or future fees is the cost of professional liability insurance for public accountants.
Bottom Line: We are days away from a major event in the GIFS story. Think about what GIFS is trying to achieve, and some of the decisions they have to make regarding where to expend their time and effort in the short-term for the benefit of all stockholders. (And I suspect, they are or will be expending efforts in training underlings after the near term activities are complete.)
And the adventure continues... |
