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To: Mark_H who wrote (25567)	5/17/2001 1:46:18 PM
From: scion	Respond to of 26163

I certainly agree that the SEC filings are a rich source of laughable statements and the example you cite is one of the best. I wonder what any sane potential investor made of such sophistry? Management has elected to omit substantially all of the disclosures and the statement of cash flows required by generally accepted accounting principles. If the omitted disclosures and the statement of cash flows were included in the financial statements, they might influence the user's conclusions about the company's financial position, results of operations, and cash flows. I have no doubt that the deliberate omissions slipped by the SEC in 1997, but I wonder why they ignored such flagrant flouting of the regulations for so long?

To: Mark_H who wrote (25567)	5/17/2001 6:46:45 PM
From: Mighty_Mezz	Respond to of 26163

Too much! I laughed so hard the cat came in to see what was going on. When I showed her, she laughed too! Meowha-ha-ha! Management has elected to omit substantially all of the disclosures and the statement of cash flows required by generally accepted accounting principles. If the omitted disclosures and the statement of cash flows were included in the financial statements, they might influence the user's conclusions about the company's financial position, results of operations, and cash flows.