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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (1379)	8/24/1998 6:07:00 PM
From: bmart	Read Replies (3) \| Respond to of 26163

Ms. Shell, You are speculating again. I believe that if you performed some diligence you would've found it is merely a disclosure statement, meaning the accountants will address these articles with the auditors. You seem quite desperate at this point Ms. Shell. You still have no worthy reason to be attacking this investment, in fact, since your arrival we are up almost 100%. Perhaps it's your approach. RB

To: Janice Shell who wrote (1379)	8/24/1998 6:22:00 PM
From: jhild	Respond to of 26163

In the same vein I have noticed something that appears to be a little suspicious in their SEC filings. In the 10-K filed at the end of 1996 I find this entry from the auditor: The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note #12 to the financial statements, the Company has an accumulated deficit and a negative net worth at December 31, 1996. These factors raise substantial doubt about the Company's ability to continue as a going concern. Looking further down we see Note #12: NOTE #12 - Going Concern The Company has sustained losses of $238,687 in the term of its existence and currently has a deficit stockholders' equity. The Company currently seeks additional investment capital to provide working capital to fund its planned operations. The Company believes it is not required to comply with regulations promulgated by the Food & Drug Administration and other U.S. Government agencies, that regulate food products, their sale and distribution. It the Company's position is not correct such non compliance could seriously effect the Company's ability to continue as a going concern. And at the bottom of this filing we see it is indeed signed by the independent auditor: Consent of Darrell T. Schvaneveldt Independent Auditor I consent to the use in this Form 10-KSB, of our report dated December 31, 1996, on the financial statements of Amazon Natural Treasures, Inc., dated April 27, 1997, included herein and to the reference made to me. SCHVANEVELDT & COMPANY sec.gov But WHOA. Look here from their 8-K/A filing in December last year when they announced the change in auditors.: Neither of Schvaneveldt's reports on the financial statements for the Company's fiscal years ended December 31, 1995 and 1996 contained an adverse opinion, nor was either qualified or modified as to uncertainty, audit scope or accounting principles. www4.edgar-online.com By God, what does some auditor have to say for it not to be an adverse opinion? Or is this just outright fraud on the part of AZNT management in their very filings to the SEC? Or is it just an innocent oversight?