On March 13th, China Agritech (CAGC) stunned the world with the announcement of their Very Special Committee. On March 14th CAGC issued another press release loaded with awesome.
BEIJING, March 14, 2011 /PRNewswire-Asia-FirstCall/ — China Agritech, Inc. (Nasdaq : CAGC) (“China Agritech”, or the “Company”), a leading organic compound fertilizer manufacturer and distributor in China, today announced that the Board of Directors, based on the suggestion of the Company’s Audit Committee, has dismissed Ernst & Young Hua Ming as the Company’s independent auditor starting from March 14, 2011.
Your author, for one, cannot wait to find out which fine firm the Audit Committee and its head, GMB, choose to replace E&Y HM. Frazer Frost? Kabani? J. Crane & Co.? A modest proposal for CAGC. Keep E&Y, lose Gene Michael Bennett and Gareth?