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

To: Hawkmoon who wrote (5028)	9/13/1998 1:47:00 AM
From: Cavalry	Read Replies (1) \| Respond to of 26163

OFF TOPIC OR NOT- WOULD YOU INVEST IN A BB COMPANY WHO IS NOT YET FILING, LESS THAN 8 MONTHS OLD BUT THEY RELEASE UNAUDITED FINANCIALS WILLINGLY, IS THIS A SIGN OF A COMPANY WHO IS RECEPTIVE TO THEIR INVESTORS? CAN WE TRUST THESE UNAUDITED FINANCIALS AS FAIRLY ACCURATE? CAV

To: Hawkmoon who wrote (5028)	9/13/1998 2:45:00 AM
From: jhild	Read Replies (1) \| Respond to of 26163

you should know that properly audited financials cost upwards of $70-100,000 to be paid to the accounting firm. That may well be true for larger companies than AZNT. But for the volume of business that AZNT is doing, that kind of fee would be way out of line. Unless there was the need to factor in an additional consideration to make the report as favorable as possible. After all how many of those stone birds are there to count? (Their contracts and stock dealings though may significantly cloud their financial picture, requiring more than the usual effort to resolve accounting for those issues.)