Not so fast, Cinema Show:
You wrote:
We have to rely on their Auditors to evaluate and ensure fairness of the Q1 reporting. Remember last year end there was reporting problems and CMM filed late. That could mean that the auditors did not back down then but held their ground. No reason to assume different this time. No change in auditor announced at the last GM, right?
The Russians are thought of as great chess-players….
IMHO it is highly unlikely that in Mr. Finskiy's take-over plan the first step was the one of parachuting his stooge(s) into CMM's BoD, there may have been some other prior planned moves in his logic network diagram to ensure that the existing CEO (Peggy K.) is discredited, vilified and made to resign and thus leaving the targeted position vacant. The May 12, 2010 cease-trade order of CMM's stock may have been part of these moves, the role in which of the existing auditors is unclear. Only a forensic investigation could clarify it. So we better be careful and circumspect in selecting our law-firm.
You can say the above is loaded with suspicion and innuendos and I am far too suspicious of the unorthodox and innovative business methods of a great businessman.
Yes, you can say it again! I am bloody suspicious.
Cheers,
durban1
