This situation developed after the May 11 hearing, when Daniel Wolf read the court a part of letter in which Hawkins’ stated his belief that G8 was "an illegal money laundering scheme." Hawkins wrote that, prior to his dismissal in 2008, Global 8 “had not done any business for the past 8 years” and “80% of the proceeds from the sale of stock was paid to insiders and related parties of Rene Branconnier.”
Hawkins later explained (page 14 of attachment) that “in recent weeks I have come into sworn declarative evidence that some of the documentation [which he used for the 2006 and 2007 audits] was fabricated, thereby causing me to doubt my findings for those two years.”
“The Plaintiff’s attorneys released a letter to their clients after the May 11 2010 hearing that claimed I had issued an incorrect audit report or I was going to perjure myself to court. By doing so they have forced me to to either perform the correct audit of the company and any additional procedures to satisfy myself that my reports were the correct ones, or to rescind the audit reports I issued originally.”
“Were I permitted to conduct an audit today, I would be able to investigate and state my new findings without necessarily having to re-do those audits, thereby complying with my duty under law without incurring additional cost.”
“If, however, I am not permitted to conduct an audit in the very near future, I will be forced to rescind the 2006 and 2007 audits, both to protect potential investors and protect myself.”