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To: Joseph B. Schmidt who wrote (15643)	12/20/2011 1:56:01 PM
From: arvitar	Read Replies (1) \| Respond to of 53574

5 months and the release of another error-riddled 10Q before hiring a CFO, when Bordynuik's ass is in the cross-hairs of the SEC, in part, because of the kinds of mistakes a competent CFO could have prevented ? This isn't accounting for all the months that Bordyuik would have been aware of the SEC investigation that led up to the Wells Notice. Yes, I find it astonishing that it took so long, even if they had to interview 100 candidates to fill the job of CFO. If Bordnyuik had any insight that hiring a CFO was critical for the survival of his gravy-train, he could have ponied up sufficient financial incentives to get someone to jump on board quickly before he dug his grave another 6 feet deeper.

To: Joseph B. Schmidt who wrote (15643)	12/20/2011 2:27:20 PM
From: PaperProphet	Read Replies (1) \| Respond to of 53574

Re:<"No one knows how many JB may have interviewed before someone finally accepted the job offer."> CFO's aren't exactly difficult to hire. The only question is how long it will be before Mr. Ingham figures out what is going on and resigns. It may be at least a little while...from Mr. Bordynuik's history, it looks like he's alright with running a virtual company so Mr.Ingham might not even end up living anywhere near Niagara Falls. I'm guessing he will be sent the numbers and will compile the 10-K remotely. If Mr. Bordynuik localizes his scam to the secret catalyst and avoids impacting the SEC filings, he probably can go for a while longer. If the past three years have taught us anything, it's that investors are comfortable with delays and will wait for as long as it takes. If Mr. Bordynuik branches out too far into accounting fraud to supplement his story, the SEC might take the wind out of his sails.