Monday, December 11, 2006
17800 Castleton St., #208 , City Of Industry, CA (626) 810-8827
Eva Yi-Fang Tsai, CPA
just became a "certified valuation analyst"
They audited Great China International Holdings.
10-K/A for 2005. Unqualified opinion, only for 2004. Balance sheet is very weak but they made money in 2005 and generated operating cash in 2004 and 2005. The SEC had an issue with the company not explaining whether some prior auditors quit or were dismissed. Non-issue. Also here. e-Fang consent in a later registration for securities. The public company seems to screw up a lot.
The Public Company Accounting Oversight Board approved e-Fang's registration application here, on Nov 28, 2006.
e-Fang also seems to handle Spanish accounts?
They audited Harbin Tian Di Ren Medical Science and Technology (now part of China Sky One Medical).
We did not make a count of its physical inventory in December 31, 2004, stated in the accompanying financial statements at $651,641. The Company records did not permit the application of other auditing procedures to inventories.Nothing wrong whatsoever with disclosing this information.
Since we did not take physical inventories and we were not able to apply other auditing procedures to satisfy ourselves as to inventory quantities, the scope of our work was not sufficient to enable us to express, an opinion on these financial statements.
e-Fang Accountancy Corp., & CPA
Certified Public Accountants
/s/ Eva Fang Tsai
City of Industry, USA
February 25, 2006
There's not much info on e-Fang, unfortunately.