Saturday, February 22, 2014

TV3 Told Auditors they don't know General Accounting Practices, yet that's required for a dissolution

160,135


FRANKIE PILLERI
HARVEY ALBERG
AND RONALD DELUCIA
ALONG WITH PET MORON ART DELUCA
TOLD AUDITORS THEY DON'T KNOW
GENERALLY ACCEPTED ACCOUNTING PRACTICES

KISS THAT ARK INSURANCE
ALBERG FINANCIAL MONEY YOU SPENT GOODBYE!

BUT GAAP IS REQUIRED FOR A DISSOLUTION OF A CORPORATION

SO IF THE FOUR STOOGES DON'T KNOW HOW TO ACCOUNT FOR OTHER PEOPLE'S MONEY, AND THEY ADMITTED IT TO AUDITORS, ISN'T THAT ENOUGH TO HAVE THEM REMOVED AND HAVE OUTSIDE AUDITORS, NOT AFFILIATED WITH THE CITY, PUT A PROVERBIAL MICROSCOPE UP THE BACKSIDE OF HARVEY, RONNY AND FRANKIE TO SEE WHERE THE HELL THE CABLE TV SUBSCRIBER MONIES WENT?

FRANKIE PULLED A FAST ONE, BUT HE'S IN A QUANDARY NOW THAT THE AG'S OFFICE IS ALERTED TO HIS FAILURE TO KNOW HOW TO EMPLOY GAAP WITH MELANSON HEATH & CO PC

FRAUDULENT TV3 BOARD MUST BE HELD ACCOUNTABLE.

DERIC DYER, JAY RICCI, STEVE MARRA, DANIEL RYAN MAILHIOT, CONNIE MURPY, THE ENTIRE BUNCH OF FAILURES WHO STOLE ACCESS TV FROM THE CITIZENS OF MEDFORD.

Dear Council & Mark Rumley:

The City should be concerned that the AG's office told me TV3 has failed to file the dissolution papers as of 2 weeks ago.

IF Melanson Heath said TV3 doesn't follow GAAP (Generally Accepted Accounting Practices) - the TV3 board saying they didn't understand those practices, and the AG's office DEMANDS people be familiar with those practices, and Arthur Deluca says ALL the money is gone (doesn't he?) - then it stands to reason that the last remnants of the board of directors is not capable of complying with the AG's demand and needs to step down and let the City audit the books, along with an outside auditor NOT AFFILIATED with the city.

that's only logical

They say they don't know GAAP
The AG's office demands it

What is wrong with this picture?


http://medford.patch.com/groups/joe-vigliones-blog/p/a-perfect-marriage-the-chevalier-meets-community-media-medford


Read above where it says: "All audited financial statements submitted to the Division must be prepared in accordance with generally accepted accounting principles (GAAP)." Then go to the Melanson Heath & Co PC audit that Frank Pilleri, Harvey Alberg, Ron DeLucia and Arthur Alan Deluca refused to comply with, though Pilleri said in the local paper that he was "looking forward" to the audit; those self-promoting "money managers' then and still part of "the management" -those two individuals who forced their useless personalities and useless information onto Channel 3, those two individuals who claim to be “money managers” and offer advice to Medford viewers - begging viewers to call them for "advice" (read: future prospective clients) cited “numerous references to accounting standards and accounting practices which we are not familiar with and which we do not understand.” OK, so if those yahoos are going to be entrusted with the dissolution of the Corporation, yet they have admitted they are clueless about Generally Accepted Accounting Practices (meaning, go to Alberg Financial no-longer-Inc. and Stoneham's Ark Insurance at your own risk) - if they are clueless about GAAP (or are falsely claiming they are clueless), isn't that enough evidence for Martha Coakley and Marian Ryan to take a very close look at the Medford Community Cablevision, Inc. books before Arthur Alan Deluca can rant, rave, scream, yell that they are to be trusted and asking you to accept that "all the money is spent." Right. Stanley Komins allegedly had more honor, at least he stuffed one hundred bucks in an envelope...of course DeLuca might need that cash for a pair of new boots, and he is miffed that the piggy bank is shut off. 
 
 
FRANKIE, BY THE WAY,
THE AG'S OFFICE HAS BEEN ALERTED TO LOOK AT THE MELANSON HEATH RESPONSES BY YOU
 
THEY ARE ALERTED!
 
http://www.mass.gov/ago/doing-business-in-massachusetts/public-charities-or-not-for-profits/informat...Q: Are the annual filings submitted by charities public records? How can the public view them? Can I make copies?
A: Yes, annual filings are available online at www.mass.gov/ago/charitiesreports. Copies of annual filings may also be obtained by submitting a request to the Non-Profit Organizations/Public Charities Division by (i) mail at One Ashburton Place, 18th Floor, Boston, Massachusetts, 02108, (ii) email at charities@state.ma.us, or (iii) phone at (617) 727-2200, est. 2101. Please note, however, that persons requesting copies from the Division will be required to pay a fee of $0.25 per page so members of the public are strongly encouraged to use online access.
Q: Are we required to file audited or reviewed financial statements with our " Form PC ?"
A: If your organization has total gross revenue of at least $200,000* but less than $500,000 for a given fiscal year, it must file either audited or reviewed financial statements for that year. If the organization has gross revenue of $500,000 or more, only audited financial statements are acceptable. All audited financial statements submitted to the Division must be prepared in accordance with generally accepted accounting principles (GAAP). Reviewed financial statements may be prepared according to GAAP or any other comprehensive basis of accounting. (See Audits and Reviews.)