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Blind faith in government is foolish no matter wha

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Post# of 43066
Posted On: 11/25/2012 12:27:53 PM
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Posted By: Rawnoc
Re: techisbest #2069
Blind faith in government is foolish no matter what the branch.


Domark’s CEO and “the consultant” stated that the SEC commented on the media credits on Domark’s or Sports Quest’s SEC filings and the valuation of $10 million, which was ultimately cleared with the SEC


Further to the referenced Skype message, the message is quoted out of context and the consultant testified under oath that “[Bordynuik] did not ask me to plug numbers, inflate the balance sheet in any way.”


JBI booked the media credits using the same methods and reasons used by the SEC reporting company, Domark


After review of the media credits valuation through October 2009 and forward, the business consultant ultimately agreed with the recording of the face value of the media credits at $9.997 million.


Bordynuik also met with a CPA auditor colleague of Gately, who reviewed the form 10-Q in person.




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