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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (39222)	9/10/2010 9:59:58 AM
From: Spekulatius	Read Replies (1) of 78717

re GFRE - >>8:10AM On the Wires : Gulf Resources (GFRE) announced that it has engaged Deloitte Touche Tohmatsu to perform an independent assessment over the Company's internal controls...<< Why don't they just choose them as an auditor? Even if Deloitte Touche finds that the controls are OK (a big if) it still does not necessarily mean they numbers add up, it just means they seam to follow procedures. Still, this is a good step, imo.

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