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Gold/Mining/Energy : Nuvo Research Inc

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To: Montana Wildhack who wrote (12194)	3/7/2003 10:41:53 PM
From: PlayTheKing	Read Replies (3) of 14101

The accounting rules in both the US and Canada are quite clear regarding how acquisitions of entities MUST be treated. There are no ifs, ands or buts, about these rules...you either do them or you will be deemed to be in non-compliance of GAAP. The first thing that should be done is to get rid of the Mickey Mouse accounting firm DMX has "re-hired". The 3rd tier CA firm has clearly shown why they are 3rd tier. Prospectuses in Canada are relatively simple in contrast to the more detailed forms and questionnaires that must be completed for US securities filings. The "ma and pa shop" mentality of DMX seems to be resurfacing once again. PTK

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