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[News] Next Pegasos production sold outANN.lu
Posted on 07-Jun-2002 18:19 GMT by Christian Kemp280 comments
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"From: Raquel Velasco and Bill Buck. We would like to announce that the next scheduled production of the Pegasos has been sold out. Boards have been set aside for friendly developers, but all others have been sold. Another production of the Pegasos will follow in July." [ Source: Email forward... - CK ]

Update: More information was posted in comment 52.

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Comment 1Chris Young07-Jun-2002 16:32 GMT
Comment 2Kronos07-Jun-2002 16:39 GMT
Comment 3yoodoo07-Jun-2002 16:39 GMT
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Comment 86kjetil08-Jun-2002 10:56 GMT
Comment 87cheesegrate08-Jun-2002 11:18 GMT
Next Pegasos production sold out : Comment 88 of 280ANN.lu
Posted by anarchic_teapot on 08-Jun-2002 11:22 GMT
In reply to Comment 79 (Bill):
"Bill" wrote:
> That is great Rose!
> You're a genius and now everyone knows.
No genius. Merely a competent and hardworking accountant who doesn't take every statement at face value.
> Why don't you futher impress yourself by reading all the 8Ks...;)
I *have* read them: it's not as though there are very many, after all. Why has nothing been filed since the declaration of late filing foe March 31,2000?
Incidentally, for your delight and edification, I have included the ex-auditors' comments on why they refused to certify the 1999 accounts.
> I wish I knew where you were coming from!? As a charter accountant you
> should behave more responsibly!
Researching publically-available documents and telling the truth is irresponsible? Oh my.
>P.S. Mazars in the US was sold and the partners were fired.
That Mazars in the US was sold (whatever you mean by that: probably merged with another firm) has no bearing on whether or not they acted in a professional manner. Partners do not get 'fired'. They leave a partnership. It is common enough. Or do you have proof that they were 'struck off' as CPAs?
> Mazars in France *never* had a problem. Why don't you call them too!
I'm sure Zinedine Zidane never had a problem either, and he's about as relevant to Pretory USA as Mazars France.
Extract from form 8-K/A, dated 26 June 2000, available on the SEC's website EdgarPro:
---------------------
June 21, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Pretory USA, Inc. Gentlemen:
We have read Item 4 of Amendment No. 2 to the Current Report on Form 8-K ("Form 8- K") of Pretory USA, Inc. ("Pretory" or the "Company"), which is not dated or signed (a copy of which is attached) and was transmitted to us by the Company's attorney, by letter dated June 13, 2000. We disagree with certain statements in the Form 8-K. Our comments with respect to the Company's statements in the amended Form 8-K are as follows:
-- We disagree with the Company's statement in Item 4(b) of the Form 8-K that "there were no disagreements with Mazars & Guerard, LLP on any matters of...auditing scope or procedure, which agreements [sic], if not resolved to their satisfaction, would have caused it to make a reference to the subject matter of the disagreement in connection with its report."
During the audit of the Company's financial statements for the period ended December 31, 1999, we determined that it was necessary to obtain confirmation from The Concorde Trust of an account receivable due to the Company from The Concorde Trust in connection with an ostensible contract (the "Contract") between the Company, The Concorde Trust and the Norwegian People's Aid Society. The Company's management resisted our efforts to obtain confirmation of the account receivable from The Concorde Trust. This disagreement ultimately was resolved to our satisfaction when the Company's management agreed to allow us to request confirmation of the account receivable from the Norwegian People's Aid Society.
-- We disagree with the Company's statement in Item 4(a) that it never "...threatened Mazars and Guerard with litigation."
For the foregoing reasons, we resigned as the Company's auditors without issuing any report or opinion regarding the Company's financial statements for the period ended December 31, 1999.
Very truly yours,
/s/ Mazars & Guerard, LLP
Mazars & Guerard, LLP
---------------------
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#89 cheesegrate #94 Bill #114 bah
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