To sign the opinion letter, an attorney is legally required to conduct "due diligence." Checking the license of the person who prepared the financials is Step 1 of due diligence.
Donald Keer has already been suspended by the Supreme Court of PA for a year and a day, Feb 28th 2005 for failing to provide competent and diligent representation. He is currently under a new investigation (1312-80-20) This is a pattern of negligence, not a one-time mistake."
Page (9) of filings:
The following financial statements were prepared in accordance with:
U.S. GAAP
The following financial statements were prepared by (name of individual):
Name: Richard Blickstein
Title: CPA
Relationship to Issuer: Accountant
The SEC recently clarified that "adequate current information" is not just about having a balance sheet; it’s about having a balance sheet that an investor can legally trust. A balance sheet from a revoked 1988 practitioner is, by definition, untrustworthy.
If an unlicensed person does this math, they might "hide" the dilution by misclassifying the debt. This relates to why you see a "Stale Float" of 221M while all of those shares have been shuffled into the DTC.
Also gets into the transfer of shares, 1.1 billion, 183 million, OTC Markets Item 10 Guidelines, the attorney must certify the qualifications of the preparer.
Pink Sheets allows unaudited financials, does NOT allow fraudulent titles. By listing a Revoked practitioner (PA001161L) as a 'CPA' in a formal regulatory filing, the company has provided false information to the market, which invalidates the 'Current Information' status required for share transfers under Rule 144."
Certifying a revoked accountant as 'qualified' is a material misrepresentation. Consequently, the 1.1 billion and 183 million shares issued under these filings lack a legal GAAP basis and cannot be validly transferred under SEC Rule 144.
This isn't by some clerical error, it is a history
https://www.pals.pa.gov/#!/page/search
RICHARD HILL BLICKSTEIN HARRISBURG, Pennsylvania 17110
LicenseType: Public Accountant
Specialty Type:
License Number: PA001161L
Status:Revocation 1988 38 years ago
Status Effective Date:5/20/1988
Issue Date:6/28/1979
Expiration Date:4/30/1986
Last Renewal:6/22/1983