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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: Slim Pickens who wrote (641)3/15/1998 11:37:00 AM
From: JOE TURMAINE  Read Replies (1) of 2595
 
Slim, I do not believe that NASDAQ would second guess a reputable accounting firms audit. If our auditors accept the pre-paid advertising NASDAQ would not likely question its legitimacy!! Our auditors owe us nothing and would not compromise what is legitimate. They will deal only in "accepted accounting principles". We got a super (IMO) deal on the advertising, but if it's good enough for the auditors then why would NASDAQ question it?
If we were relying on the advertising for the vast majority of our asset base I can see there being some question raised, but this is not the case.
JOE
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