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To: Robert Calusdian who wrote (394)1/23/1998 9:06:00 AM
From: Ferick  Respond to of 2595
 
Rob:

It's not a stupid question. It's a good and relevant question. But,
I doubt if you'll get a relevant answer. So, you might as well just post stupid questions (i.e.: is it like a Cesarian birth?) or frivelous remarks (I think we'll see an "Araldica" commercial on the SuperBowl).
Say, "cheese."



To: Robert Calusdian who wrote (394)1/23/1998 12:09:00 PM
From: Matthew J. Landi  Read Replies (1) | Respond to of 2595
 
Rob and everyone,

I was going to just post the response to the question (ASAP), but it seems it may be a better idea to write here first. I am getting you an "offical" response to the questions you have asked, I NEVER felt these were stupid questions, an don't feel there was any need to apoligise for them.

People forget that I am the Webmaster-CIO, not the President. I can fax all the questions or comments to the office (since I am still at home due to the emergency surgery), but that does not mean the people will find them relevent enough to respond too. I anwser a lot of the questions on my own, as fast as possible, and usually through e-mail. The office staff does not use the internet/WWW for anything and they don't always understand (and I have explained it to them before) that in this day and age people expect "instant anwsers to instant questions"....they need to respond to me faster and everyone needs to relax a bit with the responses.

We (everyone in the office) have our hands full with numerous tasks and try our best to juggle them all. Unlike most of you, I work close to 70+ hours a week on a salary, no OT here. I am not complaing, just explaining, I am on this computer day and night checking for e-mail and comments here so I can respond as fast as possible.

For god's sake I was being rushed to the ER and I was so concerned about you people not hearing from me that I wrote a note on a medical pad for someone to post here for me, that way you would know why I was not responding to comments. Don't think I did not get heat from my family for that, they think I'm nuts for doing that, they were worried about me and I was worring about you folks. :) See, you have all come to expect quick anwsers from me, I can do that when I have the anwser, but when I dont.....well, we all have to wait till I can get one that is correct from the home office.

I have always done my best to try and respond to you all, and will continue to do so, just be patient sometimes......I AM TRYING!!!

Matthew



To: Robert Calusdian who wrote (394)1/24/1998 9:34:00 AM
From: Colin Cody  Respond to of 2595
 
In General: Doing a certified audit for say the 9 months ended September 1997 requires a review (i.e. audit) of all significant "subsequent events" happening from October 1 and through the completion date of the audit.
.
In other words, if a Company made a significant acquisition that would need reveiw by the auditors so they could report on it in a note entitled "subsequent events."
.
Colin



To: Robert Calusdian who wrote (394)1/29/1998 5:06:00 PM
From: Matthew J. Landi  Read Replies (5) | Respond to of 2595
 
Rob,

Sorry about the delay in responding! The following is the 1997 overview report of 1997 (it will answer your question):

1) The company increased its sales from under $1 million annually to approximately $10 million annually in the last 12 months.

2) The company will be reporting net earnings for the YEAR (being determined by the audit); such earnings figures cannot be reported until they are made available by the company's auditors, upon their presentation to teh company of the completed, consolidated, audited financial statements.

3) The companies balance sheets expected to be strong and well-balanced (a good formula/ratio mix between debt and equity).

4) The company commenced its first audit, which is presently nearing completion. Upon the publication of its audited financial statements (now anticipated sometime in February of 1998), the company will be filing its initial 10-K report with the SEC, and becoming a fully reporting company.

5) The only delay in the completion of the company's audit has been caused by its aggressive acquisition activity during the past year (7 companies), all of which is being incorporated in the audited financial statements presently nearing completion.

6) The company believes that it will be able to qualify for "NASDAQ Small Cap" listing in mid-1998, moving up a notch in respectability from its present "OTC Bulletin Board" status.

7) Upon completion of its acquisition financing this month, the company will be in a position to sustain it's operations indefinitely, through its own cash flow, with out he need for external funds.

On another note, I am tired of being told that, "I called you (or anyone at the office) and I never got a phone call back", LEAVE A NAME, NUMBER, AND A MESSAGE! None of us can return a mysterious phone call. We will call as soon as we get the message. We only have 11 employees, managers and executives, overseeing 7 subsidiaries and the parent company, and only 2 or 3 of us are regularly working at the parent company's office, with others scattered around the various other companies on most days.

If there is anything else I can do for you email me or drop me a note here and I will do what I can to help.

Matthew