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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !
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To: Brad who wrote (39)4/22/1998 4:52:00 PM
From: John Sahakian  Read Replies (2) of 8879
 
Brad, I didn't misunderstand what they told me. I was specifically told that the external audit was targeted for end of March, then end of April and now June. If you notice in the latest press release, they have picked a new auditor. Two months back the external audit was being done by Ernst&Young. It wasn't just a matter of selecting an auditor. They actually began the audit, and I wouldn't be surprised if they finished and told Borglund the numbers don't add up (hence the threatening press release to Wolfkey/ECS and the suspension of shares). I don't know why they have switched auditors. It's usually not a good sign when auditors are switched, but considering all these ECS/Wolfkey problems I'm not surprised. If you don't believe me, give them a call. I'm turning out to be the thread's naysayer and get the impression many of you don't want to open your ears or eyes as to what's going on. We should be smart and critical of the information. That's what a good thread does. Too much positivity is not a good thing. A healthy dose of skepticism can go a long way.

Whatever the case, the current audit will be a better reflection of what's going on with GLOW. IMO, $1 still looks good by the end of the year. We just need to give Mr. Borglund some time and breathing space.

Good Luck All,

John

P.S. Press Release on ECS either Thursday or Friday
P.P.S. Sorry if this message was too preachy, I just can't stand threads that join hands and sing kumbaya all day long! :)
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