Our Chief Financial Officer has suddenly resigned and when reviewing his financials that were prepared certain questions arose to his handling of the company’s financials.
Ongoing studies are being conducted to conclude if further actions should be taken.
This research of our financials have been taken into consideration for some time now, we feel that they have been reported correctly in the amounts just not in the timing. This is throwing off our dividends and our monthly and quarterly reports.
This press release is to notify all of our stockholders, suppliers, and creditors that our company is still stable. We are looking into legal actions to take against our former CFO after a case is built. Our company is still operational and we are working hard to regain the trust that has been broken. We are cooperating with the SEC and will issue another press release within a week of their findings.
Please feel free to contact our hotline with any further questions, 1-866-555-STBK.
CPA, Starbucks, Inc.
FROM:Danielle Realty CPA
DATE:July 5, 2010
SUBJECT:PR Communication Memo
This memo is sent out to concur with the recent press release that was sent out to our stockholders, creditors and suppliers with our company. The press release was to communicate to them that our company is still strong with the recent resignation of our CFO.
Since the SEC has been involved in our company for some months rumors have started to circulate that our former CFO has doctored some of the financials reports. Well this is being looked into we must communicate to our staff, our competitors, our guests and each other that our company is still strong.
There has been a hotline set up with cooperation from the corporate accounting staff to help answer questions that anyone may have in regards to stopping the rumors, avoiding...