EQCO2, Inc. (CLNO) Files Form 10-Q; Sarbanes-Oxley Act Section 302
Posted in the Los Angeles Forum
Since: Sep 13
#1 Sep 24, 2013
The entire CLNO's 10-Q can be found http://www.otcmarkets.com/edgar/GetFilingHtml...
Sarbanes-Oxley Act 2002, an act passed by U.S. Congress in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations, mandated strict reforms to improve financial disclosures from corporations and prevent accounting fraud.
The Sarbanes-Oxley Act Section 302 is listed under Title III of the act, and pertains to ‘Corporate Responsibility for Financial Reports’.
Billy Barnwell, CEO of EQCO2, Inc.(CLNO), and Arnold F. Sock, CFO of the company, could face significant penalties if they certify that the company’s books are accurate when they are not. To Read full article at http://mikezaman.com/26920/stocks/sarbanes-ox...
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