people that prepare prospectus utilise information provided by the Company. Do you really think that brokers will accept liability for accuracy of financial information? my expectation is that brokers would have at least one term of engagement that would pretty clearly establish that they were placing reliance on information provided by the Company personnel and that responsibility for accuracy rests with the Company and Company personnel. indications from company's later announcements are that the accounts were wrong. and as such additional CR required. And not just a little wrong, the next CR requires 47 - 80million, or about 2.5 - 4 times the first CR. that's not a little miss. that's a massive mistake.
PLV Price at posting:
3.4¢ Sentiment: None Disclosure: Held
