SW ... There is NO "On Going Concern" Comment in CBQI's Account's letter on the audit. YESSSSS!!!! .01 loss for the year. Better than I thought for their first year...
HALLIBURTON, HUNTER & ASSOCIATES, P.C.
Certified Public Accountants
To the Board of Directors and ShareholdersCBQ, Inc. and Subsidiaries
(A development stage company)
We have audited the accompanying balance sheets of CBQ, Inc. and Subsidiaries (a
development stage company) as of December 31, 1999, and December 31, 1998, and
the related statements of operations, stockholders' equity, and cash flows for
the three years then ended. These financial statements are the responsibility of
the Company's management. Our responsibility is to express an opinion on these
financial statements based on our audit.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audits to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.
In our opinion, based on our audit, the financial statements referred to above
present fairly, in all material respects, the financial position of CBQ, Inc.
and Subsidiaries (a development stage company), as of December 31, 1999, and
December 31, 1998, and the results of its operations and cash flows for the
three years then ended in conformity with generally accepted accounting
principles./s/ Halliburton, Hunter & Associates, P.C.
------------------------------------------Halliburton, Hunter & Associates, P.C.
Littleton, ColoradoMarch 23, 2000 |
