Much of sulja's history can be found there, as well as documents and some of the other updates.
Posted by: spooky42alien who wrote msg# 275600 Date: 7/7/2007 6:53:40 PM
the link earnest posted states:
"Pursuant to Section 105(c)(4)(E) of the Act and PCAOB Rule 5300(a)(5) Turner, Stone & Company LLP is censured
Pursuant to Section 105(c)(4)(B) of the Act and PCAOB Rule 5300(a)(2), Edward Turner is barred from being an associated person of a registered public accounting firm, as that term is defined in Section 2(a)(9) of the Act and PCAOB Rule 1001 (p)(i)
After two (2) years from the date of this Order, Turner may file a petition, pursuant to PCAOB Rule 5302(b), for Board consent to associate with a registered public accounting firm."
ORDER Board determines it appropriate to impose the sanctions agreed to in the Respondents' Offers. Accordingly, it is hereby ORDERED that: Pursuant to Section 105(c)(4)(E) of the Act and PCAOB Rule 5300(a)(5), Turner, Stone & Company LLP is censured; Pursuant to Section 105(c)(4)(B) of the Act and PCAOB Rule 5300(a)(2), Edward Turner is barred from being an associated person of a registered public accounting firm, as that term is defined in Section 2(a)(9) of the Act and PCAOB Rule 1001 (p)(i); After two (2) years from the date of this Order, Turner may file a petition, pursuant to PCAOB Rule 5302(b), for Board consent to associate with a registered public accounting firm.
all imo.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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I SAW THIS GUY42 ,HE ONLY HAD ABOUT 2OOO POSTS A MONTH AGO NOW IS GETTING CLOSE TO 5000 POSTS I LIKE HIS PREDICTIONS ,WITH OUT COUNTING HIS DELETED POSTS OF COURSE
IHUB OUGHT CHARGE HIM AN EXTRA FEE ON HIS SUBSCRIPTION
quote:Originally posted by BooDog: suljabrossucks.com
Much of sulja's history can be found there, as well as documents and some of the other updates.
Posted by: spooky42alien who wrote msg# 275600 Date: 7/7/2007 6:53:40 PM
the link earnest posted states:
"Pursuant to Section 105(c)(4)(E) of the Act and PCAOB Rule 5300(a)(5) Turner, Stone & Company LLP is censured
Pursuant to Section 105(c)(4)(B) of the Act and PCAOB Rule 5300(a)(2), Edward Turner is barred from being an associated person of a registered public accounting firm, as that term is defined in Section 2(a)(9) of the Act and PCAOB Rule 1001 (p)(i)
After two (2) years from the date of this Order, Turner may file a petition, pursuant to PCAOB Rule 5302(b), for Board consent to associate with a registered public accounting firm."
ORDER Board determines it appropriate to impose the sanctions agreed to in the Respondents' Offers. Accordingly, it is hereby ORDERED that: Pursuant to Section 105(c)(4)(E) of the Act and PCAOB Rule 5300(a)(5), Turner, Stone & Company LLP is censured; Pursuant to Section 105(c)(4)(B) of the Act and PCAOB Rule 5300(a)(2), Edward Turner is barred from being an associated person of a registered public accounting firm, as that term is defined in Section 2(a)(9) of the Act and PCAOB Rule 1001 (p)(i); After two (2) years from the date of this Order, Turner may file a petition, pursuant to PCAOB Rule 5302(b), for Board consent to associate with a registered public accounting firm.
all imo.
WOW!!!
Nice find Boo. Some good stuff there... too funny.
Well maybe not that funny, we lost $$ At least I did.
Red
Posts: 723 | From: MotorCity | Registered: Jun 2006
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posted
Other than to incite fear and unreasonable doubt about yet another legitimate business, why is it a nice find? As far as I can tell from looking around, the decision quoted above is old news and Ed Turner is free to do work with accounting firms.
The quote from the PCAOB says, "Edward Turner is barred from being an associated person of a registered public accounting firm". How is it possible that he is barred from being an associated person of a registered public accounting firm and yet his picture and story are posted right up on a company saying they are a PCAOB registered accounting firm? Where is the disconnect?
"Public companies (Turner Stone is PCAOB registered)"
Also:
Audit Services"
"We provide audit services to public and private companies from a wide range of industries, including manufacturing, oil and gas, mortgage banking, construction, heath care, and financial services. We also perform audits following Government Auditing Standards, and audits of employee benefit plans following ERISA requirements.
We offer a full range of auditing services for mergers and acquisitions.
We also assist publicly owned companies with quarterly and annual filings with the Securities and Exchange Commission. "
And info on Ed Turner, CPA:
Ed Turner, CPA, Partner Ed serves as the audit and accounting partner with the firm. He holds a degee from the University of Central Florida and is a member of the American Institute of CPAs, the Texas Society of CPAs, and its Dallas chapter.
Posts: 67 | Registered: Dec 2006
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posted
why is it a nice find? As far as I can tell from looking around, the decision quoted above is old news and Ed Turner is free to do work with accounting firms.
quote:Originally posted by Grande25: Other than to incite fear and unreasonable doubt about yet another legitimate business, why is it a nice find? As far as I can tell from looking around, the decision quoted above is old news and Ed Turner is free to do work with accounting firms.
The quote from the PCAOB says, "Edward Turner is barred from being an associated person of a registered public accounting firm". How is it possible that he is barred from being an associated person of a registered public accounting firm and yet his picture and story are posted right up on a company saying they are a PCAOB registered accounting firm? Where is the disconnect?
"Public companies (Turner Stone is PCAOB registered)"
Also:
Audit Services"
"We provide audit services to public and private companies from a wide range of industries, including manufacturing, oil and gas, mortgage banking, construction, heath care, and financial services. We also perform audits following Government Auditing Standards, and audits of employee benefit plans following ERISA requirements.
We offer a full range of auditing services for mergers and acquisitions.
We also assist publicly owned companies with quarterly and annual filings with the Securities and Exchange Commission. "
And info on Ed Turner, CPA:
Ed Turner, CPA, Partner Ed serves as the audit and accounting partner with the firm. He holds a degee from the University of Central Florida and is a member of the American Institute of CPAs, the Texas Society of CPAs, and its Dallas chapter.
It was a strange find for me actually. Sometimes weird how some things are found and then I go look through some other boards and find that I was almost (thanks Red) THE LAST ONE to find it. lmao. I came across the website (suljabros...) much by accident. My bringing it to this board was only to share the consolidation of information ~ the whole site could be gone with a blink of an eye.
Grande, there is much more to the picture. Do you remember KPMG and the possible Sulja AF last year?? And the DD surrounding that? Turnerstone has a line of companies they do work for. As the order states Mr. Ed is barred. The company is still functioning and their stamp is still in force with their companies. Turner Stone is only censored. I have reviewed some of their work and I have my own opinions of what to expect if they actually put their name to an AF with Sulja.
BTW I like all the Earnest movies
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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SLJB Announces US CPA Firm Monday April 2, 5:29 pm ET
------------- just saw above post ~ thanks Grande, I didn't flip the page yet.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
So far from what I'm reading out of this, Ed Turner was lied to but the PCAOB believes that he should have known he was being lied to because he should have employed "tests of data" to reveal truth rather than taking word of "management".
Excerpt:
"In addition, Respondents failed to perform sufficient procedures related to the confirmation of the existence of the HCIA investment. In lieu of sending a confirmation, Turner allowed a 21st Century executive to e-mail confirmation questions to an HCIA official. The e-mail questions did not directly address confirmation of 21st Century’s ownership of the preferred stock and, in any event, Turner never received or learned of any response to the e-mail."
And then it goes on to say that Ed Turner should have followed up on the e-mail to get accurate data.
I'm almost to the end of it... And yeah to sum it up in my own terms the PCAOB is basically saying, "Ed Turner, you are a professional auditor... you got lied to... you should have known you were witnessing fraud and you should have acted on it to expose it".
Hopefully, the Turner LLC has learned from this investigation and that will help validate whatever they find in their SLJB audit... hopefully!
Edit:
If there are any aspiring CPA's out there I just think this is interesting reading to put that FEAR factor in to you... Be a REALLY good CPA regarding Pink sheet companies or you might just get burned! It's just really interesting to see the pressure that is on CPA's... You basically have to CYA big time and if you are getting lied to you better expose it... Just imagine if the big business doesn't want to get exposed and I mean... they REALLY don't want to get exposed and they find out the CPA is on to them. Scary business there IMO.
Posts: 67 | Registered: Dec 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by Grande25: So far from what I'm reading out of this, Ed Turner was lied to but the PCAOB believes that he should have known he was being lied to because he should have employed "tests of data" to reveal truth rather than taking word of "management".
Excerpt:
"In addition, Respondents failed to perform sufficient procedures related to the confirmation of the existence of the HCIA investment. In lieu of sending a confirmation, Turner allowed a 21st Century executive to e-mail confirmation questions to an HCIA official. The e-mail questions did not directly address confirmation of 21st Century’s ownership of the preferred stock and, in any event, Turner never received or learned of any response to the e-mail."
And then it goes on to say that Ed Turner should have followed up on the e-mail to get accurate data.
I'm almost to the end of it... And yeah to sum it up in my own terms the PCAOB is basically saying, "Ed Turner, you are a professional auditor... you got lied to... you should have known you were witnessing fraud and you should have acted on it to expose it".
Hopefully, the Turner LLC has learned from this investigation and that will help validate whatever they find in their SLJB audit... hopefully!
Edit:
If there are any aspiring CPA's out there I just think this is interesting reading to put that FEAR factor in to you... Be a REALLY good CPA regarding Pink sheet companies or you might just get burned! It's just really interesting to see the pressure that is on CPA's... You basically have to CYA big time and if you are getting lied to you better expose it... Just imagine if the big business doesn't want to get exposed and I mean... they REALLY don't want to get exposed and they find out the CPA is on to them. Scary business there IMO.
haven't read the order, yet... but thanks goes to the provider of the link
Not quite following you here, Grande...but, ya an auditor has a duty to verify
posted
Yeah, makes sense just never seen it broken down with terms like "tests of data" and such. Sounds like a tough job.
I'm just saying the company was a fraud... hopefully Turner LLC has learned from it and won't make the same mistake.
Posts: 67 | Registered: Dec 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
No, I guess I am officially the last one to find the Suljabros Sucks website:)
lol.
I like that people have the drive to use their own time to create a site that lists the cons to a company, as such suljabros.com should list their Pros... ohhh wait they have not updated their site with good information in 9 f'n months!
They (Sulja) have a site to rebutt anything on suljabros sux website. I applaud the owner/author of that site. Glad to see all the info out there for all future Sulja stockholders to see.
And no and yes I am/not bashing this POS, I own shares in it, and have seen nothing to show me the Millions, and Millions of The Rock fans, errr, I mean Millions and Millions in contracts as they stated they had last year, which lured (I mean suckered) me into getting in this stock.
phew, enough of the b1tchfest... Red
Posts: 723 | From: MotorCity | Registered: Jun 2006
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posted
Posted by: Sally77 In reply to: None Date:7/9/2007 10:29:23 PM Post #of 276227
Ladies and Gentlemen, do not allow people who are upset with Sulja tell you that Turner Stone is incapable and a shady company. They produce SEC compliant financials. They have been hired by SLJB to produce financials. We will see financials. Now after you read this hold on, because here comes the spin.....
Examples:
International Technology Systems, Inc. ITYS.PK Current PPS: $.12
posted
since i am not to knowledgeable about stocks can someone please explain what this news means if anything.thanks
Posts: 83 | From: ny | Registered: Dec 2006
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posted
I would hope you would find plenty of work produced by Turner, otherwise they wouldn't exist imo. The pcoab had their findings, and there is also a bunch of legal action going on within Energytec that may throw more in Turners direction which is why I posted the link above from the Cole letter. http://www.secinfo.com/dv4Y7.u5.a.htm That combined with the pcoab's findings tells me all i need to know for my opinion.
Sulja has yet to produce a audited financial let alone one filed with the SEC. If they do I'm sure plenty will be looking at it with a fine toothed comb. not really worth going back and forth over this issue until there is an AF to talk about. A little DD on who they have chosen in the past and who they have chosen now shows to me things haven't changed. In my opinion.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Sulja Sulja Sulja... i made you out of clay Sulja Sulja Sulja... to me you are okay! Sulja Sulja Sulja... I like to buy your shares! Sulja Sulja Sulja... The bashers scream their scares! Sulja Sulja Sulja... Don't care 'bout what bashers say! Sulja Sulja Sulja... Sulja all the way!!! Sulja Sulja Sulja... The OSC will show Sulja Sulja Sulja... What longs have always known Sulja Sulja Sulja... We love you more and more Sulja Sulja Sulja... Open up more stores! Sulja Sulja Sulja... The bashers have no life Sulja Sulja Sulja... Sue them for their strife! Sulja Sulja Sulja... Old folks in a rush Sulja Sulja Sulja... AF's make them hush! Sulja Sulja Sulja... Forgive the weaker hands Sulja Sulja Sulja... Geritol's in demand!
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