Quote:
Originally Posted by Cappy
I'm not saying they don't get audited. I'm saying they are a private business, therefore their income and revenues are not required to be disclosed like public companies or governments.
I can pull up CNRL's prospectus and MD&A and look at what the company is doing.
I cannot do that on Joe's plumbing.
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Lets not pretend looking at a prospectus, MD&A or even audited financials tells you much of anything truly revealing when it comes to corporate books. 30 minutes with Joe over a coffee or beer would be way more informative about how Joe's Plumbing is doing - assuming you
trust what Joe has to say. And there is the real problem for this arena negotiation.