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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: Arcane Lore who wrote (24041)	9/30/1999 9:48:00 PM
From: Jeffrey S. Mitchell	Read Replies (3) \| Respond to of 26163

Well now, it seems you have solved the big mystery about why AZNT got delisted! At least one of the reasons, as filing two identical 10Qs labeled for different quarters probably didn't help either (g). Note the following paragraph in the 10K: We did not observe the physical inventory in 1998 stated in the accompanying financial statements at $444,983. The Company's records do not permit the application of other auditing procedures to inventories. In addition, the Company does not maintain certain customary accounting records and supporting documents relating to transactions with suppliers and customers, nor, in our opinion, is the system of internal control adequate to provide safeguards of assets and to assure proper recording of transactions. Accordingly, it was impracticable to extend our procedures sufficiently to determine the extent to which the financial statements may have been affected by these conditions. Message 11127702 If AZNT doesn't "maintain certain customary accounting records and supporting documents", correct me if I'm out of line here, but I fail to see how an audit can ever be completed and thus how AZNT can possibly be relisted, at least in the foreseeable future. - Jeff