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Dealbreaker RFP

Posted on August 19, 2009 by Caleb Newquist

Bess and Greg are getting entrepreneurial over at DB and are probably going to need someone help them count the asston of cash they’re going to rake in as a result.
Those of you thinking about forming your own firm to pick up the ganja engagement probably have the best shot.

Posted in UncategorizedTagged RFP

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Footnotes: Will Taxes Kill Bitcoin; Second Shift CPAs; Not a Player But Hate a Lot | 03.26.14

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Which Accounting Firm Will Risk the Label ‘Stoner Firm’?

  • Caleb Newquist
  • August 18, 2009

marijuana-herb.jpgMedical Marijuana, Inc. who, “is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry,” wants to get listed on the OTC Bulletin Board in order to demonstrate it’s desire to become a fully transparent corporation.
The company now needs a PCAOB-registered CPA firm to audit its books, preferably one that’s cool with a little Maui Waui prior to lunch.
More, after the jump


Our thought is that the Big 4 are way too prudish to take on such a progressive client. We’d go so far to say that not even Grant Thornton or BDO Seidman would touch this one. That being said, we’re sure there are a few partners out there that have grow houses that rival anything in High Times.
If you’re sure your partner is a regular Willie Nelson when it comes to kush maybe throw this post their way. In the meantime, feel free to handicap the odds of your respective firm picking this client up. We’d give the edge to any firm from the Santa Cruz area.
Medical Marijuana, Inc. Begins Procedures to Be Quoted on OTC Bulletin Board [Press Release]

  • Uncategorized

Accountant Steals from Toys ‘R’ Us, Buys Hookers Bentleys

  • Caleb Newquist
  • December 1, 2009

Thumbnail image for Thumbnail image for prostie.jpgBefore we get started, we just want to kindly request that you keep any thoughts or comments you have about Geoffrey masks to yourselves, okay? Thanks.
Anyhoo, an accountant in the UK has pleaded guilty to 18 counts of theft of £3.7 million from Toys ‘R’ Us that he spent on hookers and other necessities including said hookers’ mortgages and their transportation needs.

[Paul] Hopes encountered most of the call girls while touring the country on business, drinking in the bars of luxury hotels. He spent about £500,000 of the money on “food, drink and entertainment”, according to one source. He also gave thousands of pounds to call girls and bought one a Bentley.
“He developed an infatuation with at least a couple of the girls,” said one investigator. “Sometimes thousands of pounds in cash were passed over in envelopes and they could do what they wanted with it.”
He paid off the mortgage of at least one escort — although he failed to do the same for the loan on his own home. According to the economic crime unit of Thames Valley police, there is no suggestion that Hopes’s wife or his two children benefited from the fraud in any way.

Yes, the man was married with children. And yes, the man was willing to make sure that a lady of the evening had a roof over her head before his own family. So, mild-mannered, grey-haired, double-chinned number crunchers that are leading double lives. Consider this your warning. Everyone will be looking at you differently.
Quiet Paul from accounts in £3m secret life of fast cars and call girls [Times Online]

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