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Posted on April 01, 2008
Some housing bubble news from Wall Street and Washington. Comstock Homebuilding Companies, Inc. announced that in connection with their unqualified opinion regarding the Company s 2007 audit, the Company s independent registered public accounting firm, PricewaterhouseCoopers, indicated their belief that declining market conditions and the significant amount of the Company s debt which matures in 2008 creates substantial doubt that the Company would continue operating as a going concern. Comstock builds and markets single-family homes, townhouses, mid-rise condominiums, high-rise ...
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