Debi Kiontke Explain This.

Failure to Achieve Compliance

In early January 2005, CMKM Diamonds retained Bagell, Josephs & Company, LLC, to audit the company's financial statements. (Tr. 68-74, 79; Div. Ex. 24.) Neil Levine (Levine), a certified public accountant with that firm and the engagement partner on the audit, met with Casavant and others to discuss the requirements for the audit. (Tr. 68-73.) Since being retained, Levine and his firm have not performed any audit procedures because CMKM Diamonds has failed to provide them with any books, records, or supporting documents, despite their repeated requests. (Tr. 69-71, 82-86, 95, 103, 109.) For example, Levine requested, but never received, supporting documents, such as invoices, for the company's stock issuances. (Tr. 82-86, 91.) He did receive a memorandum with several pages of spreadsheets attached, identifying to whom stock was issued in 2002 and 2003, as well as the number of shares. (Tr. 84-85; Div. Ex. 26.) These documents were incomplete, however, as the stock price was not included for every issuance and there was no information about stock issuances in 2004. (Tr. 85; Div. Ex. 26.)

Link : http://www.sec.gov/litigation/aljdec/id291bpm.htm


Debi Kiontke (wwjdthrume) throw us all some documentation as to why your hero Urban Casavant would do that.

Debi what is your hero trying to hide? Show us some documentation to support your answer(s) to the question or you will come across as shallow as Urban.