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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Mac S. Giballa who wrote (2181)3/3/1999 5:28:00 PM
From: C.Carlos  Read Replies (1) | Respond to of 2585
 
Recently the company announced that they were "engaging PricewaterhouseCoopers" (whatever that means) as their auditors. I contacted the company asking why they still had Ernst and Young as their auditors listed on their web page and if indeed PW were the new auditors. They replied that they were removing E & Y from their web page, which they did, and said nothing about Price been named the new auditors. Interestingly, they did not list Price as the new auditors on their web page.

See: ggncwins.com

To me that is not a sound business practice. If Price has not been hired, go ahead and say so. I don't like that type of behavior. I rather deal with a company that is straight forward in their dealings. I'm starting to become somewhat restless about the company's half truths. They sure created the impression that Pricewaterhouse had been hired.