'Kenji100' pid='46559' datel Wrote:
'admin' pid='46554' datel Wrote:Yep. That 20F is quite a bit more relevant than what they might have charged before 2010, and I'm still inclined to think that whatever hoop PWC requires them to jump through, they have very little choice..Admin, if DT is willing to come on board, you don't think NQ can fire PWC and hire DT? I am assuming DT will trust their own audit and we should have a 20-F fairly quickly, since PWC seems to think the past work they did was not good, and also they aren't willing to trust DT's audit.
my personal experience is that it's highly unlikely. it's too risky for DT to take over it now and it will under a lot of pressure from SEC and public if he signed off something PWC dont' willing to. The audit DT is done is hired by law firm which is to perform specific task, like verifying cash, business partners... which is different from an annual report by independent auditor. if you work in a big corp, you will also understand big corp politics that those work performed by DT itself, doesn't mean it's something they can use right away. There will be long and numorous steps they need do to transfer and verify all those docs to the working department and I won't be surprise it took another 2 month even before DT can start work on it