jmt
Subject: EDGAR'S OMITTED
Date: 1/6/99 8:37 AM Pacific Standard Time
From: LQQX
Message-id: <19990106113727.05849.00008734@ng-fr1.aol.com>
EDGAR'S carries the abbreviated financials, and therefore omitted the customary opinion of BDO on EDII's 1997 fully audited financials. Here is that omitted letter:
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\BDO BDO Seidman, LLP 1200 South Street Suite 3060
Accountants and Consultants (713) 659-6551
Fax (713) 659-3238
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
To the Shareholders and
Board of Directors
American International Industries, Inc.
Kemah, Texas
We have audited the consolidated balance sheet of American International Industries, Inc. as of December 31, 1997, and the related consolidated statements of loss, stockholders equity and cash flows for the year then ended. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principals used and significant
estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material aspects, the consolidated financial position of American International Industries, Inc., at December 31, 1997, and the results of its operations and its cash flows for the year then ended in conformity with generally accepted accounting principals.
Signature
BDO Seidman, LLP
Houston, Texas
April 22, 1998
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.33
UP .03 ON 119,800 TRADED
Nice. Very nice. I have a quote from Daniel:
"Have you covered your shorts, jmt? Can I convert you from being a basher of a penny stock company to a supporter of EDII? Give me (Dror) a call. Also, anyone wanting to sell their shares back to EDII should call:
(281) 334-4764." |
