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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Wink who wrote (23652)8/31/1998 4:21:00 PM
From: Sigmund  Read Replies (1) of 27968
 
<<<<< If you reread the press release of Aug, 3, you will note that the dates were given "to" FAMH by the accounting firm, not by FAMH management.<<<<<

So the question is how to reconcile the two statements, namely a statement by the auditors that work will be done by a certain date and now a statement by the auditors that field work will start in two weeks. Of course these statements were relayed to investors by management I believe i.e. it was not direct statements from the auditors.

The only guess that I have and it is just a guess, is that the auditors now believe that an entire new set of tasks is required to enable them to certify the results of their analyses to date. And just why would this new set of tasks be required? Again I am only guessing and trying to make sense out of two contradictory advices.
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