OTCPK:TOUBF - Post by User
Comment by
draxteron Oct 25, 2011 3:32pm
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Post# 19180176
RE: re; Comparing TRE to SVM:..
RE: re; Comparing TRE to SVM:..I agree. of course comparisons are fair.
Both of your examples are true in my opinion. I would like to also add:
3. Both appointed an external auditor
Now let`s compare the differences:
1. The interim report of SVM evidently didn`t raise concerns and the investigation continued for a few weeks, no law suites were filed, no directors were suspended, no formal investigation by the OSC started, and they are now vindicated in the final report. The interim report for TRE resulted in formal investigation by the OSC, several directors suspended, and several class action law suits filed against TRE.
I guess the score is three to one so clearly TRE and SVM are more alike than different :)