SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Janice Shell who wrote (4283)12/31/1998 12:50:00 PM
From: jmt  Read Replies (2) of 4814
 
It is my understanding that BDO did not sign off on the audit. If this is true, how could the company be fully reporting by submitting unaudited financials? And the additional liability if any of the valuations are fishy. They state there was no appraisal done for the land purchased from the Dror trust. (I suspect an appraisal was done at some point which showed the property at a much lower value). The reason why the SEC requires these disclosures is if give the choice between screwing himself or screwing shareholders.......

So we are back to the question. How and why would a company file unaudited financials, and what really compelled them to file at all.

The answers to these and all investors questions will likely be answered through the upcoming conference call with Danny to be held in a few days.

jmt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News