Originally Posted by
asm610
This can't be the truth
Management has not yet completed its evaluation as to whether substantial doubt exists relative to the Company’s ability to continue as a going concern for a reasonable period of time. A significant element of that evaluation relates to uncertainties associated with funding of amounts stipulated in the aforementioned Investment Agreements. These uncertainties may not be resolved by the time the Company files its Form 10-K with the Securities and Exchange Commission. In the event such uncertainties remain unresolved, management anticipates that KPMG LLP’s auditors’ report relative to the Company’s 2008 consolidated financial statements will contain an explanatory paragraph indicating substantial doubt about the Company’s ability to continue as a going concern.
If it is TRUE....The officers of this company are going to jail, and I will be first in line with Relmor to see an attorney. They will have alot of explaining to do as to why they worked a deal with liberty and Malone....when Ergen's was clearly better for the company from a cash perspective....which is their number 1 problem.