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To: tonto who wrote (1340)8/24/1998 3:49:00 PM
From: bmart  Read Replies (2) | Respond to of 26163
 
Mr. Tonto,
It is simply a disclosure document citing that the accountants have tured it over to the auditors. I'm surprised at you!

RB



To: tonto who wrote (1340)8/24/1998 5:55:00 PM
From: Janice Shell  Read Replies (3) | Respond to of 26163
 
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.
Additionally, in accordance with generally accepted accounting principles, income
taxes are an expense of business enterprises earning income subject to tax.
Management has elected to omit a provision for federal income tax expense, and
has informed us that the effects of this position and results of operations have not
been determine. Accordingly, these financial statements are not
designed for those who are not informed about such matters.


Wooooooooo. No WONDER their accountant resigned....