Category Archives: Dismissal of Accountant

When the Auditors Quit, Does the Investment Fit?

The auditors for GeoPetro Resources Company declined to “stand for re-election.”  In other words, they jumped from that bus like Keanu Reeves and Sandra Bullock. Give the auditors some credit, they bailed after the 10-Q, but they seem to see … Continue reading

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Company Files 10-Q Without Accountants’ Review and Blame Them For It. Accountants Respond Like Dan Aykroyd during Saturday Night Live’s Golden Era.

Well, this is interesting.  A bit of he said/she said between an issuer and its accountants. RT Technologies, Inc. is a China-based company in the business of not doing anything.  Don’t believe me?  In the words of Groucho Marx, who … Continue reading

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iGo Stopping? Signs are Bad When Your Accountant Goes Away, Just Ask Dennis Farina After Charles Grodin Left in “Midnight Run.”

Is there a reverse stock split in iGo’s future?  A delisting?  Something else?  Here is the situation: 1.  For fiscal 2011, revenues decrease from $43.4 million to $38.4 million while losses skyrocket from a base of $2.5 million to $11.6 … Continue reading

Posted in Delisting, Dismissal of Accountant | Tagged , , , , , , , , , | 6 Comments