Leah Industries, Inc. (OTC-BB-LEAH) Message Board

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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)

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To: Andrew H who wrote (1584)	3/12/1999 4:14:00 PM
From: Lennart Steiner	Read Replies (1) of 2153

It would not be the first OTC BB company reporting to have an Top 5 accounting firm auditing their financial statements... I personally own a large position of another OTC BB company called GGNC which is in the internet gaming industry. They falsely stated over months on their letterheads that their auditing company was E&Y. However Ernst&Young had never accepted their mandate - they only had been in informal talks. However that company has survived this issue so far pretty well. They are currently engaged in discussions with PriceWaterhouse about doing the audit. This time they are a little more cautious with premature statements about the audit firm. Long story short, even if Deloitte Touche will not be auditing LEAH's statements and if that had to do with the trade suspension, it does not mean that this could be the end of LEAH and our investments.

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