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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (4727)11/18/1999 10:50:00 PM
From: Mighty_Mezz  Read Replies (1) | Respond to of 7056
 
SEC expresses concern over bookeeping practices of internet companies.

In a bid to stop Internet companies from overstating their numbers,
the Securities and Exchange Commission has asked U.S. accounting rule
makers to tighten standards governing the way Internet companies book
their revenue. For some time now, agency officials have been growing
increasingly worried that Internet companies in particular, many of
which are operating at a loss, are playing fast and loose with the
rules.

full story at: zdnet.com

...Mezz - No NT filing again today. Time for a new CFO! ROFL!!