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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Nittany Lion who wrote (6356)12/4/2000 4:09:57 PM
From: CYBERKEN  Respond to of 6545
 
I'd say that was a big miss by the auditors-though it may very well be a matter of opinion/consensus within the profession, and that consensus may have recently evolved.

If that's the case, I understand. But as a shareholder, I think we should expect conservative accounting. That means that, if there is a material entry that is subject to any conjecture at all, the company should fully-disclose (or even over-disclose) all the details in a footnote.

I am now waiting for WINR management to disclose via e-mail to Ed, PR, or however they choose, an even fuller explanation of how this credit got there, and how it got eliminated...