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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?

To: CYBERKEN who wrote (1562)3/12/1999 10:34:00 AM
From: Lennart Steiner  Respond to of 2153
 
Could it be that the SEC action was triggered by Deloitte&Touche?

Have they been really working on the audit and were they about to publish audited numbers??



To: CYBERKEN who wrote (1562)3/12/1999 10:44:00 AM
From: Andrew H  Read Replies (2) | Respond to of 2153
 
>>Wouldn't the SEC have had to receive an inquiry or complaint to initiate action? <<

Quite possibly--this may have been orchestrated by the shorts. It seems to me that the SEC is questioning whether Deloitte and Touche is really the auditor and if LEAH has actually acuired SM. Once LEAH can show them that these matters are as they appear to be, everything should be fine.


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