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Nanotech Entertainment Inc NTEK
Posted On: 04/27/2015 5:33:54 PM
Post# of 96892
Posted By: Rakestar
Re: PowerPuncher #13017
Great point. Audits beget more cost, regulation and staff. Most companies only get audits done out of necessity because the are required by regulators or to obtain financing etc. Remember, the company knows it's legit, they do not need audits to verify something to themselves. The only reason Nanotech would need them now is to uplist. Obviously, they are not in that position yet and there are other requirements that would need to be met. As I've said the verification provided by the companies they are engaged with means more to me than any audit. All this being said, they are in the process of being completed. I believe DF said there were some issues obtaining historical documents but they are working on it.

This is the last time I'm even going to say audits until the come. I say we start a swear jar. Anyone that says the word AUDIT puts in 100 shares. We'll divy it up when they are actually completed.













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