The good news is, as a result of that process, investors should have greater confidence overall in the numbers going forward.
More Quotes from Lynn Turner:
That stuff isn't free. It has a cost.Lynn Turner
As it's noted in the release Andersen was aware of the problem and agreed to go along with it, ... That is problematic not only in this one but time after time after time at the SEC we saw that occurring, unfortunately in this case the number are just humongous.
Lynn Turner
Wasn't horrible and it made sense. And if it stops people from speeding, hey that's a good deal.
Lynn Turner
First and foremost it is the company, it's these executives that put these numbers together, it's not the auditors. So the people who are actually in the kitchen, cooking the books, stirring the stew, so to speak, are these executives, and there is no excuse for what happened.
Lynn Turner
If the council determines not to approve the funding, we assume that will be consistent with a decision not to complete the investigation.
Lynn Turner
These guys had repeated instances of errors in their financials, delayed filings and people who could not get their job done, who had to be reassigned. It is surprising given all the shareholder money that was spent by the company and taxpayer money spent by the SEC on this investigation, nothing has resulted from it.
Lynn Turner
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